The Arizona real estate power of attorney form is used by those who wish to delegate certain powers to another individual (attorney-in-fact). The individual completing the form (“principal”) can grant complete power to their attorney-in-fact or they can grant specific powers, as long as they relate to real property. This type of POA document is often implemented to allow a real estate professional to handle the closing of a particular property transaction, providing the principal with peace of mind. However, buying and selling property, property management, refinancing, investments, and other related duties can be authorized by the principal through the implementation of this POA as well.
Laws – Title 14, Chapter 5, Article 5
Signing Requirements – Witness and Notary Public (§ 14-5501(D))
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