Missouri Real Estate ONLY Power of Attorney Form | |
The Missouri real estate only power of attorney form is a legal document that allows the Principal to delegate an Agent to oversee the management, refinancing, sale, purchase or to complete transactions of any of the Principal’s specified real property. This document will not allow any Agent assist with health care decisions. There is also no allowance for making any decisions with regard to money or finances.
The appointed Agent should oversee the property with the intention of managing or any other business regarding the property, as if the Principal were available to conduct their own business. into the agreement with the best intentions of the Principal in mind, considering the Agent will be overseeing the complete care of the Principal’s property/properties, in the absence of the Principal or due to illness until recovery or their death.
The signatories must only sign this document before a Notary Public. This document may be revoked at the discretion of the Principal in writing and delivered to the appointed Agent, or by creating a new powers document.
How to Write
Step 1 – The Parties – Enter:
- The Principal’s full name
- The Principal’s physical address
- City
- State
- AND
- The Agent’s full name
- The Agent’s physical address
- City
- State
Step 2 – Article I. Assignment of Authority – The Principal must select and initial one or all of the following powers that they wish to grant to the Agent, from the following selections:
- Sale of Real Estate
- Purchase of Real Estate
- Management of Real Estate
- Refinancing
Step 3 – Article III. Term – In this section the Principal must establish the term of the document. Select and initial only one of the options from the following:
- Specific beginning and ending dates
- Non-Durable – would allow the document to become immediately available to the Agent and shall only terminate upon the incapacity, disability, death or revocation of the document
- The durable option, would make the document immediately available to the Agent. This option shall only terminate if the Principal would choose revocation of powers to the Agent, or death
Step 4 – Article VI. Revocation and Signatures – Signatures must only be submitted before a licensed Notary:
- Enter the date of the signatures in mm/dd/yyyy format
- The Principal’s Signature
- Principal’s printed name
- AND
- Submit the Agent’s Signature
- Enter the Agent’s printed name
- AND
Witness Information –
- Both witnesses must review the paragraphs provided
- Submit the witnesses printed names
- Provide the witnesses signatures
- Enter the witnesses printed names
Step 5 – Notarization –
The Notary Public, after completion of the document, shall record the identification information per witness. Once the signatures have been submitted, the Notary shall then complete the remaining section that will require the Notary’s information in acknowledgement of the completed, signed document
Step 6 – Agent’s Acceptance –
- Agent must review and agree to the statement
- Enter the Agent’s Signatures
- Provide the Agent(s) printed names