A Vermont real estate power of attorney is used to grant authority to a third party to transfer real estate on the 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 signed before a notary public and one (1) adult witness to be deemed credible. Once signed, the agent can proceed to represent the principal in any and all real estate transactions.
Laws – 14 V.S.A. § 3501 – 14 V.S.A. § 3516
Signing Requirements – 27 V.S.A. § 305
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