Updated July 19, 2024
A Wisconsin Real Estate Power of Attorney Form is a legal document employed by an owner/title holder of real property (principal) when electing a representative to safeguard or implement their interests with that property. This agent will usually be expected to conduct business with a property (i.e., management, leasing refinancing, etc.).
Typically such an appointment of authority is utilized in the event of illness or an anticipated absence. In any case, the principal must make every effort to select an agent who will represent him or her in a careful and deliberate manner that complies with the principal directives received. The principal may revoke the form by placing the revocation in writing and delivering the document to the agent.
Laws
- Statutes – Uniform Power of Attorney for Finances and Property Act
- Signing Requirements – Notary Public.[1][2]