The Ohio real estate power of attorney form is a legal contract that individuals can use to authorize a third party to act as their representative with regard to the management of real estate. The agent may be assigned the right to sell, purchase, and manage property, in addition to being able to refinance mortgages in the principal’s name. This type of power of attorney is usually used exclusively to handle the closing of a real estate transaction. However, it may also be used for the appointment of property managers to maintain a rental property and handle its tenants.
Laws – Power of Attorney (O.R.C. Chapter 1337)
Signing Requirements – Notary Public (§ 1337.06, § 5301.01)
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