A Kentucky real estate power of attorney is a legal document that grants an individual the authority to act on behalf of another person in managing their real estate transactions. This includes buying, selling, managing, or refinancing a specific property as outlined in the document.
The agent can be a business, an attorney, or an individual chosen by the principal. The document must be signed, witnessed, and notarized to be effective, and it can be revoked at any time by the principal. The duration of the authority can vary, from a specific date to the principal’s death or revocation.
Legal Considerations
Statute: § 457.270
Signing Requirements: Notary public. (§ 457.050)
