A Massachusetts real estate power of attorney is a legal document used to authorize an agent to handle real estate matters on behalf of a principal. This includes tasks related to selling, closing, refinancing, and managing the principal’s real estate.
The agent’s powers are limited to the specific tasks outlined in the document and will be automatically revoked upon a certain date. This form is a useful tool for anyone who needs an agent to handle their real estate affairs when they are unavailable.
Legal Considerations
Statute: General Law – Part II, Title II, Chapter 190B, ArticleV, Section 5-501
Signing Requirements: Two witnesses and a notary public. (183 § 32, 30, 39)
