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North Carolina Real Estate Power of Attorney Form

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North Carolina Real Estate Power of Attorney Form is a set of documents a principal property owner must use to grant an attorney-in-fact the authority to handle real estate affairs in his or her name. The document all for “all financial transactions” related to the property which covers selling, leasing, and any of the management tasks of the property such as paying taxes, obtaining insurance, etc. The form gives broad powers to someone else, in accordance with State law, broad powers to handle someone else’s real property for a temporary period. If the principal does not enter an expiration date the form will expire within one (1) year from the effective date.

Laws – § 32C-3-303

Signing Requirements – Notary Public

How to Write

Download: Adobe PDF, Microsoft Word (.docx), Open Document Text (.odt)

1 – Obtain This Limited Authority Document To Grant Real Estate Powers

Find the buttons on this page with file type labels (“MS Word,” “Adobe PDF,” and “ODT”) then download the version of this power delegation that is preferable to work with.

 

2 – Produce Required Submissions To Complete This Declaration

The first paragraph will have a few empty lines. These lines are placed in areas where you must input information. This will supplement the language used so that it applies to the Principal, property, and desired Agent. The first empty line that requires your attention will need the full name of the Principal displayed on it. This is the entity that wishes to authorize the Agent to act in his or her name with real estate (as defined by this paperwork). Thus, it is important you record his or her full legal name on this line. 

The empty line just after the word “…Agent” requires the name of the individual who will accept the responsibility of conducting the Principal’s real estate matters with the authority invested through this document. This name should be entered precisely as it is displayed on the Agent’s I.D. papers (i.e. driver’s license) The property the Agent will use this paperwork to represent the Principal with will need to be solidified in writing. The third empty line will allow this task to be completed in a manner that names the Agent with principal authority. First, record the county name where the property is located on the third blank line of this document.

Use the fourth blank space to present the physical address where the property is located. This must be the location where the property the Principal wishes to grant authority over to the Agent can be physically accessed and visited.

The language in the majority of this document will be set to the purpose of granting a real estate authority to an Agent and should not be altered without consulting an attorney. The section titled “Effective Date: Automatic Expiration,” you will be given the option of naming a specific calendar date when the authorization you deliver here will automatically terminate (meaning the Agent will no longer have principal authority). If the Agent’s principal authority should terminate, then enter the desired calendar month and day of termination after the term “…This Power Of Attorney Will Automatically Expire On” and the desired year of termination on the plank line after this. If you do not name a specific termination date, then the Agent will be able to use principal power for exactly one year from the signature date of this document. 

 

3 – This Document Must Be Signed And Notarized

This paperwork will not be taken seriously or treated as authentic unless the Principal signs his or her name upon its completion. Naturally, this signature will be required at the end of this document in the “Signature And Acknowledgement” section. The “Principal’s Signature” line has been reserved so that the Principal can supply his or her signature in a distinct area then print his or her name on the “Print Name” line underneath it.  

It is crucial that the Principal enters the calendar date when he or she signed this paperwork. This will solidify the effective date of this document so that the Agent may wield principal power upon a specific date until the expiration date listed above. The Principal should supply this signature date on the line “Date” adjacent to his or her signature line.

The section below the Principal’s signature area has been set aside for  the use of the Notary Public who will submit this signed document to the notarization process. He or she will verify such items as the date, the signature party, and prove his or her credentials. 


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