Real Estate Power of Attorney Form | Vermont
Updated on May 10th, 2023
A Vermont real estate power of attorney is used to grant authority to a third party to transfer real estate on behalf of the principal signatory. The form can also be used to enable the agent to refinance a property or maintain it for the duration of their term. The power of attorney can be durable (persist beyond the principal’s incapacitation) or non-durable (terminates upon incapacitation), but regardless it will need to be signed before a notary public and one adult witness to be deemed credible. Once signed, the agent can proceed to represent the principal in any and all real estate transactions.
Laws
- Statute – 14 V.S.A. § 3501 – 14 V.S.A. § 3516 (Powers of Attorney)
- Signing Requirements (27 V.S.A. § 305) – One or more witnesses.