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Wisconsin Real Estate Power of Attorney Form

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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 his or her 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 form may be revoked by the principal, by placing the revocation in writing and delivering the document to the agent.

Laws – § 244.44

How to Write

1 – Principal Real Estate Authority Can Be Delegated In Wisconsin Using This Template

The documentation required to deliver an appointment of Principal Real Estate Authority has been made available through the button under the image on this page. Save this file to your computer then use a compatible program to fill in the requested information or print it then fill in this information. This document must be printed so the Principal can fulfill some of its requirements.

2 – Document he Principal And Agent’s Identities Where Requested

The paragraph starting this form will form a declarative statement but will only be applicable if you fill in some requested information. This information will serve to identify the Principal and Agent in this document as well as assign them their roles here.

The Principal will be the first party this statement addresses. We will have to present his or her First, Middle, and Last Name of the Principal on the first empty space. This person will give someone else his or her Authority regarding Real Property. Additionally, continue this identification of the Principal by recording his or her Complete Address using the second, third, and fourth spaces

As mentioned before, a specific entity referred to as the Agent or Attorney-in-Fact will receive and assume the Principal’s Authority in dealing with Real Property. The words “…Hereby Appoint” will be followed by a blank line. Supply the Name (First, Middle, and Last) of the entity receiving Principal Powers through this form. The next three empty spaces of this paragraph will accept (and require) the Street Address, City, and State of the Agent or Attorney-in-Fact

3 – The Agent’s Principal Powers Will Apply Only When They Are Principal Approved

The “Assignment Of Authority” is the segment of this paperwork where we will identify each Principal Real Estate Power the Principal is delivering along with the Property that Principal Power will relate to. Four Real Estate Power Categories have been produced here: “Sale Of Real Estate,” “Purchase Of Real Estate,” “Management Of Real Estate,” “Management Of Real Estate,” and “Refinancing.” Each will document a list of Principal Actions the Attorney-in-Fact will be able to take on behalf of the Principal with a specific Property. If the Principal wishes the Attorney-in-Fact to have the Categorical Principal Powers defined in one of these items, the Physical Address and Legal Description of that Real Property must be supplied to the two blank lines in that item and the Principal will have to initial and check it. The Attorney-in-Fact will only be able to exert Principal Powers defined by the Power Categories that contains this information and the Principal’s Initials.

4 – The Pre-determined Term Of Effect Requires Some Documentation

The Principal Powers here will become Effective when the Principal signs this document, however, a definition to the Termination of these Powers must be decided upon and reported on by the Principal. In “Article III. Term” we will do just that. The Principal will have to decide between three statements defining three different methods these Powers can Terminate. All these statements will set the Start Date as the Signature Date and will allow the Principal to retain the right to revoke these Powers at any time.

If he or she wishes these Powers to Terminate on a future determined Calendar Date, then this Date must be entered into Statement “a” and this statement must be initialed and checked by the Principal

If the Principal wishes these Powers to automatically cease being effective if/when he or she is determined incapacitated or dead, then the Principal must initial and check the “Non-Durable Option” statement

If the Principal’s determined the Powers here should remain effective until he or she dies or revokes the Principal Powers, then he or she should initial the last statement and mark the corresponding checkbox

5 – The Principal Signing Is Mandatory For This Granting Of Authority

The last area “Article VI. Revocation” will be where we can execute this paperwork. This section will also require Principal attention. The three blank spaces in the last statement provide the area required to deliver the Principal’s Signature Date. He or she must enter the Calendar Day, Month, and Year of this Signature Date

The next line will be marked with two labeled spaces “Principal’s Signature” and “Print Name” The Principal must present his or her name as a Signature and in Print using these areas.

The lines labeled “Agent’s Signature” and “Print Name” should have the Signature and Printed Name of the Attorney-in-Fact supplied to them

The next two areas “Affirmation By Witness 1” and “Affirmation By Witness 2” are constructed so that each Witness will have his or her own Testimonial area. Enter the Name of one of the Signature Witnesses on the first blank line in these statements. Each Witness will have to locate the Testimony containing his or her Name, then Sign his or her Name and Print his or her Name on the Witness signature line and the Witness “Print Name” line.

The Notary Public attending this execution will have his or her own area to work with as well. This is the “Notary Acknowledgment” section. Only the Notary Public present can satisfy this area’s call for items.

The last portion of this document, “Acceptance By Agent,” will require the acknowledging signature of the Attorney-in-Fact along with his or her Printed Name supplied by the Attorney-in-Fact to the blank lines designated as “Agent’s Signature” and “Print Name”


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