The Colorado real estate power of attorney allows a principal to select an agent to handle one (1) or more real estate-related tasks on their behalf. This specific type of power of attorney form cannot grant any powers other than those pertaining to real estate. Examples of duties carried out by an attorney-in-fact acting under orders of a real estate power of attorney include buying and selling real estate, managing and leasing rental properties, completing investments or estate transactions, overseeing deeds and similar transfers, and refinancing real property. The execution of a real estate power of attorney must be in accordance with State law; i.e., the same laws of creation as a durable power of attorney (see ‘Signing Requirements’ below).
Laws – § 15-14-727
Signing Requirements – Notary Public (§ 15-14-705)
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