 | Nebraska Real Estate ONLY Power of Attorney Form |
The Nebraska real estate only power of attorney form is a document that is created to permit a Principal to select and delegate the services of an Agent so that they may oversee to the Principal’s real property. The Agent would handle the management, sale, purchase, refinancing of property, as well, should the Agent have any need to complete transactions of any of the Principal’s real property on the Principal’s behalf, this may also be accomplished with permission provided by this document.
This document will not allow any Agent to make any health care decisions or have any ability to make decisions regarding the Principal’s finances or personal property. The named Agent must care for the Principal’s property and transactions as if the Principal were present.
The signatures entered into this document must be entered before a Notary Public. The document may be revoked at any time the Principal chooses, as long as notice is prepared in writing and delivered to the Agent.
How to Write
Step 1 – The Parties – Submit the following:
- The Principal’s name
- The Physical Address
- City
- State
- AND
- The name of the Agent
- Agent’s Address
- City
- State
Step 2 – StateArticle I. Assignment of Authority – The Principal must check and initial one or all of the powers listed. that the Principal wishes to grant to the Agent:
- Sale of Real Estate
- Purchase of Real Estate
- Management of Real Estate
- Refinancing
Step 3 – Article III. Term – The Principal must establish the term of the document in this section. Choose only one option from the following, on the form, initial the line and check the box:
- The Principal may select a beginning and ending date
- Non-Durable – The document becomes immediately available but shall terminate upon the incapacity, death or revocation of the Principal
- Durable – Will make the document immediately available. The document will terminate only if/when the Principal chooses to revoke the powers or upon the death of the Principal
Step 4 – Article VI. Revocation (Signatures) – Parties must be present before a Notary Public
- Date of the signatures in mm/dd/yyyy format
- Principal must enter their signature
- Principal’s printed name
- AND
- Agent’s signature
- Agent’s printed name
- AND
Witness Information –
- Both witnesses must read the paragraphs
- Witnesses printed names
- Witnesses signatures
- Witnesses printed names
Step 5 – Notarization –
The Notary Public, will witness all signatures. The Notary will then complete the remaining required information. This will provide acknowledgment of the document.
Step 6 – Acceptance of Agent –
- The Agent must read the statement in this section
- Submit Agent’s Signature
- Submit the Agent’s Printed Name
