Florida has a special power of attorney for real estate transactions that may apply to you. It’s for people who prefer someone else to act on their behalf for dealings in real property.
What is a power of attorney for property?
Called a FREPOA, a “Florida real estate power of attorney is a written legal document that authorizes any designated person who is 18 years of age (the agent) or older to act on behalf of the principal (the issuer of the power of attorney) to execute a Florida real estate transaction,” according to South Florida Law.
When to use a real estate power of attorney in Florida?
To sign a deed, mortgage, and other documentation to purchase a particular property, or leases with landlords.
You can count on your Lang Realty agent to be familiar with FREPOAs since so many Florida buyers move here from other places. Lang Realty specializes in relocations.
What are the legal requirements for a POA in Florida?
To obtain a Florida real estate power of attorney, individuals must adhere to specific legal procedures. Firstly, it’s essential to draft the document, outlining the designated agent’s authority over real estate matters. The FREPOA must comply with Florida state laws, specifying the agent’s responsibilities and limitations. Notably, the document requires two witnesses and notarization to validate its authenticity,” according to South Florida Law.
