A Georgia real estate power of attorney authorizes an agent to represent the principal in specific real estate-related affairs. The principal can, through checking certain boxes in Article 1 of the power of attorney document, grant specific permissions to their agent. These powers include selling and buying property, real estate management, refinancing and mortgaging, and handling deeds, notices, and other assignments.
One reason to execute a real estate power of attorney is that the principal is out of town or cannot complete the duties otherwise handed over to the agent. The document will become void upon the termination date outlined in the agreement or upon revocation by the principal, whichever comes first.
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