An Alabama real estate power of attorney is a legal document that grants authority to an agent to handle real estate transactions on behalf of the principal. It allows the agent to sign documents, negotiate terms, and buy, sell, lease, manage, or refinance properties.
The document specifies the scope of the agent’s authority, any limitations imposed by the principal, and the duration. It stays in effect until its termination date, the principal becomes incapacitated, or it’s revoked in writing.
Legal Considerations
Statute: § 26-1A-204.
Signing Requirements: Notary public (§ 26-1A-105).
