The Michigan real estate power of attorney enables a property owner to grant another party permission to act on their behalf and make decisions relating to real estate. The chosen representative will have legal authorization to execute any transaction sanctioned by the property owner (a.k.a., the principal) such as paying their bills, executing leases, submitting offers to purchase, and selling real property. If the principal prefers, they can make this power of attorney “durable” which means the form will continue to be effective even if they become mentally incapacitated and unable to make competent decisions.
Laws – § 700.5501 & 5502
Signing Requirements – There are no Michigan laws indicating how a non-durable power of attorney must be signed. However, Michigan statute § 700.5501(2) requires all durable power of attorney forms to be signed either in the presence of two (2) subscribing witnesses or a notary public.
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