Updated June 06, 2023
A California real estate power of attorney is a document that is generally used to select a knowledgeable real estate attorney, real estate agent, or another qualified individual to oversee a real estate transaction on a principal’s behalf – once an agreement has been reached and agreed to by the principal. A principal may also use this document to grant the above-named agent (s) permission to refinance the property for them.
The document may be revoked at any time in writing or by a provision of a new power of attorney for their real estate transactions.
Laws
- Statutes – Probate Code Division 4.5. Powers of Attorney [4000 – 4545]
- Signing Requirements (Prob. Code § 4121) – Two (2) Witnesses or Notary Public. The notary option should be sought if the attorney-in-fact intends to record any real estate instruments with their jurisdiction’s proper court or registry. Gov. Code § 27287.