A Tennessee real estate power of attorney is a legal document where a principal grants an agent, such as a family member, close friend, or real estate agent, power over property transactions. The principal, who is the property owner, must complete the form meticulously to communicate the intended relationship and the powers they’re bestowing upon the agent.
Even though this form is common for real estate transfers, a principal can also write it to delegate authority relating to property care and landlord duties. It helps property owners more confidently navigate real estate matters, as they can rest assured knowing a trusted individual will handle their real estate affairs in their absence.
Legal Considerations
Statute: Title 34, Chapter 6 (Part 1 – Uniform Durable Power of Attorney Act).
Signing Requirements: Principal only; however, the statute cited applies to documents that are registered or recorded with the County Register, so a notary acknowledgment or two witnesses are recommended (Tenn. Code ยง 34-6-109).
