A Connecticut real estate power of attorney form is used to grant specific permissions to an authorized agent on behalf of a principal. This type of power of attorney can only assign real estate-related powers to an agent and does not grant any other authority or duties. A common use for a real estate power of attorney would be if the principal needs another person to handle the closing of a real estate transaction, either because they want to make sure it’s done correctly or because they cannot be present during the signing.
Further uses of a real estate POA include buying, selling, refinancing, or leasing property, and handling deeds and notices. To be legally binding, this document must be executed in accordance with state law but can be revoked at any point in time by the principal.
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