Power of Attorney, Powerful Tool For Real Estate Investors
The Power of Attorney is a wonderful document, and especially useful in creative real estate transactions. The owner of the piece of property (the grantor) appoints you (the grantee) his attorney (the person who can do things regarding the property). The Power of Attorney can be revocable or irrevocable, general or specific for a fixed period of time, or without that limitation. In other words, the Power of Attorney is a very flexible document.