Updated June 06, 2023
An Indiana real estate power of attorney authorizes an agent to perform limited duties regarding management, sales, closings, or refinancing of the principal individual’s real property.
The principal must carefully supply, review, and agree to all the information provided. After the principal and witnesses (if any) have signed the document, the notary public present will be required to complete the remaining portion of the form and acknowledge its execution. This will allow the agent to present written proof of the principal’s approval of real estate transactions as stated on the notarized form.
Laws
- Statutes – Powers of Attorney (§§ 30-5-1-1 — 30-5-10-4)
- Signing Requirements (IC 30-5-4-1; IC 32-21-1-14): Notary public or Two (2) Witnesses. The parties should seek the notary option if the attorney-in-fact intends on recording any instruments affecting real property on behalf of the principal.