Powers of attorney come in many shapes and sizes. Whereas some allow agents to make real estate transactions on behalf of principals, others don’t. It’s crucial agents educate themselves on their specific rights around real property to avoid committing power of attorney abuse.
Can a power of attorney change ownership of property? Can a power of attorney sell property before death? Can a power of attorney transfer property to themselves?
Read our article to learn everything you need to know about changing ownership of property under a power of attorney. Additionally, learn what to do if a general attorney-in-fact or attorney-in-fact for real property is carrying out real estate transactions without having the authority to do so.
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