An Arkansas real estate power of attorney is a legal document used to grant specific powers to an authorized representative. This type of power of attorney limits the attorney-in-fact to managing tasks relating to the principal’s real estate, such as buying and selling, leasing, investing, and general managerial duties.
The principal may choose to grant all these powers to their agent or they may use this power of attorney document to enable an agent to complete one specific task. A real estate power of attorney should be executed in accordance with state law and should follow the same requirements as a durable power of attorney.
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