Texas Real Estate ONLY Power of Attorney Form | |
The Texas real estate only power of attorney form is a legal document that would be provided by a Principal to grant authorization for a delegated Agent, to act on behalf of Principal with regard to any business pertaining to the sale, purchase, refinancing, management and/or to perform any other related transactions that may would require signature on behalf of the Principal in their absence or during any illness.
The Principal must carefully examine the document prior to completion and signatures. Should the document seem unclear, the Principal may decide to consult with an attorney for legal guidance. The document will not grant the Agent powers related to financial accounts, personal property or health care decisions.
The document will require that all signatories be present before a Notary Public. The Principal may revoke thedocument at any time. Revocation must be in writing and must be delivered or served to the Agent.
How to Write
Step 1 – The Parties – Complete the following:
- Principal’s name
- Principal’s address
- City
- State
- AND
- Agent’s name
- Agent’s address
- City
- State
Step 2 – Assignment of Authority – Select and initial any or all the available options:
- 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. Choose only one option:
- A beginning and expiration date
- Non-durable selection shall become available immediately and shall expire if the Principal should revoke the document or if the Principal becomes incapacitated, disabled, or dies.
- The durable option shall become available immediately. The document would terminate in the event of revocation or at the time of death of the Principal
Step 4 – Article VI. Revocation and Signatures – Enter all signatures before a Notary:
- Enter specific date of revocation in dd/mm/yyyy format
- Principal’s signature
- Printed name of the Principal
- AND
- Submit the Agent’s Signature
- Agent’s printed name
Step 5 – Affirmation by Witnesses – Witnesses must review and agree with the affirmation – Enter:
- Printed name(s) of witnesses
- Witnesses must submit their signatures
- Printed name(s)
Step 6 – Notarization –
As the document is completed, the Notary Public must then witness all signatures and enter the Notary’s state required information that will then acknowledge the validity of the document.
Step 7 – Acceptance by Agent – The Agent will review and agree to the acceptance and provide the following:
- Agent’s Signature
- Printed Agent’s name