 | Illinois Real Estate ONLY Power of Attorney Form |
The Illinois real estate ONLY power of attorney form is a legal document that would permit a Principal to transfer powers to another person or business, to execute document any documents that would be necessary to facilitate the sale, refinancing, financing, settlement of a Principal’s property.
All transactions will take place by the named Agent, however, it will be done in the name of the Principal. This document must be notarized and attested by at least one witness to be effective. The Principal may revoke this document at any time.
How to Write
Step 1 – Principal’s Information- Enter:
- Enter the name of the Principal
- County of Residence
- State of Residence
- AND (Appointment of)
- Enter the name of the Agent
- Enter the City of residence
- Enter a description of the property
- Enter the information regarding the land
- Describe the property in the space provided
- The Principal must read and agree to the following paragraph
Step 2 – Principal’s Information –
- Enter the Principal’s Signature
- Address
- Phone Number where the Principal may be contacted
- Principal’s email address
Step 3 – Witness Attestation – The witness must review the attestation paragraph:
- Enter the name of the Principal
- Below the paragraph, enter the date of the signature in mm/dd/yyyy format
- Enter the Witness’ Signature
- Under “Witness” enter the name of the Principal and the names of the Witness and Agents
After the notary has witnessed all signatures, the notary will then enter all of their information and acknowledge with an official state seal (if any).
