The Kentucky real estate power of attorney authorizes an individual to act on another’s behalf and handle responsibilities related to the management of real estate. The chosen delegate may perform their duties with the same authority as the principal (property owner or buyer). Such duties might include paying bills, managing leases, administering repairs, listing property for sale, submitting offers to purchase, and signing official documents. The principal can specify a predetermined date upon which the representative’s authority will expire. Alternatively, the document may be made “durable” which means the representative will retain their authority until the principal’s death or until the document is revoked.
Laws – § 382.370
Signing Requirements – (§ 457.050)
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