Updated April 14, 2023
A Virginia Real Estate Power of Attorney Form, usually prepared by the principal issuing it, allows a selected Agent to perform duties with regard to real property with physical proof that they are carrying out the issuing principal’s wishes. This document will not provide permission for the agent to make any other decisions on behalf of the principal because the agent will only have the approval to carry out the actions defined with it.
It should be mentioned that if there are other power documents granting one or more agent(s) principal power, it will be up to the issuing principal to make sure they do not conflict with this one. This delegation of principal power must be notarized in order for it to be accepted as the principal’s intentions by other parties. The Principal reserves the right to revoke this document at any time with or without explanation.
Laws
- Statutes – Uniform Power of Attorney Act
- Signing Requirements (VA Code Ann. § 64.2-1603) – Notary Public.