Power of Attorney

A Power of Attorney is a written document wherein an individual (the principal) designates an agent to act on his behalf. The agent is referred to as the attorney-in-fact. The authority granted may be general or limited. Frequently, a limited power of attorney will be executed granting the attorney-in-fact the authority to sign a deed, closing statement and related documents to sell real estate, or a promissory note, deed of trust and other documents to buy and borrower money against real estate. A power of attorney to convey or borrower against real estate must be notarized and recorded in the Register of Deeds office in the county where the real estate is located.