Real Estate Power of Attorney Template - Maine

Real Estate Power of Attorney Template - Maine

A Maine Real Estate Power of Attorney Form is a legal instrument that describes the transfer of duties from one party to the other - the principal can ask the authorized individual to buy, sell, or manage real property in their best interests. If you are going to leave your town or country or you are dealing with health issues, it is possible to appoint a person you trust, whether it is your family member or lawyer, who will have the power to make important property-related choices on your behalf.

To prevent future disputes and disagreements, make sure the authorization explicitly states what actions are permitted - for instance, a legal representative can purchase an apartment but they are not allowed to seek for a tenant to sign a lease agreement.

Additionally, the state obliges all principals to confirm their willingness to provide authorization before a notary public - obtain a notary seal signing the papers before an individual who will certify you are not making this decision under duress.


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