A Texas real estate power of attorney document can be completed to enable a real estate agent to act on behalf of a homeowner or buyer. The powers granted to the agent, or attorney-in-fact can include selling, purchasing, managing, and refinancing real estate. The term of the arrangement can be defined in one of three (3) ways; durable (terminate upon revocation or on defined date), durable (terminate upon revocation or death of principal), or non-durable (terminate upon the incapacitation of the principal). Once the document has been completed and the role of each party has been clearly defined, the principal and agent can sign the agreement in the presence of a notary public, placing it into effect.
Laws – § 751.0021 and § 752.102
Signing Requirements – Notary Public (§ 751.0021(4))
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