Minnesota Real Estate (Property) Power of Attorney Form
The Minnesota Real Estate Power of Attorney is a versatile form that allows an individual to nominate another person or entity to take charge of, on their behalf, any number of real estate tasks. Tasks such as delegating the buying, selling, or refinancing a property, as well as the payment of rent are common examples of what may be accomplished with this form. As such, a range of people may find executing it useful, such as anyone who:
- Owns a property they wish to sell or refinance,
- Wishes to own a house, or
- Rents a property.
State Laws & Signing Requirements
State Laws – Powers of Attorney
Signing Requirements (§ 523.04) – The POA must be dated and signed by the Principal. If the Principal will either sign by mark or nominate another party to sign on their behalf, the POA must be acknowledged by a Notary Public.