Alaska Real Estate ONLY Power of Attorney Form

The Alaska real estate only power of attorney form is a document that would be completed by a Principal appointing an agent that may oversee the sale, refinancing, management or any transaction only with regard to their real estate or a portion of the real property. The Agent must care for the care and/or business as if the Principal were available and able to care for the real property on their own. This document must be notarized. And, this document may be revoked at any time, in writing, by the Principal.

How to Write

Step 1 – Principal Shall Designate Agent– Enter the following:

  • Enter the Principal’s Name
  • Provide their Mailing address
  • Enter the State of Residence
  • AND
  • The Name of the Agent
  • Enter Agent’s Mailing Address
  • The State of Agent’s Residence

Step 2 – Article I – Assignment of Authority – The Principal must select the appropriate powers they would prefer to grant to their Agent. The Principal must initial and check all of the following box(es) that apply:

  • Sale of Real Estate
  • Purchase of Real Estate
  • Management of Real Estate
  • Refinance of Real Estate

Step 3 – Article III – Term – The Principal must establish the term of the document:

  • The Principal may select a fixed beginning and ending date
  • Should the Principal prefer a non-durable option, the document is immediately available and will only end if the Principal becomes incapacitated
  • If a Principal chooses the durable option, the terms will begin immediately and may only terminate upon the death of the Principal

Step 4 – Article VI  – Revocation –Parties who sign the document must be in the presence of a state Notary Public. Complete the document, with the notary acknowledgment as follows:

  • Date the signatures of the document in dd/mm/yyyy format
  • Enter the Principal’s signature
  • Printed name of the Principal
  • AND
  • Agent’s signature
  • Printed name of the Agent
  • AND
  • After proper identification of all parties, the Notary shall witness all signatures. The Notary will complete the form and provide acknowledgment.