When listing a home, you need to find out all the people on title. And you need to find out if they will all be signing. And you need to make sure they will all be present for the closing.
If they are not available for signing or not attending closing, arrangements need to be made for a POA.
You need the original power of attorney for the title company at settlement. I like to see the original and have a copy for my own file. I send it to the title attorney when we go under contract.
Here are a few circumstances why you might need a POA.
Is that person out of the country, in the hospital, in an assisted living facility or just given someone else the responsibility for signing and transferring property? Are there a dozen siblings selling a parent's home? Appointing one person makes it easier...only one signature required...rather than all 12.
But what happens if the original document is not available? We have a problem.
What if that person who gave the Power Of Attorney is in a facility? If the original cannot be found...there needs to be a new one drawn up, taken to the seller, signed by the seller, notarized, and in Maryland, witnessed by two people (at the same time) but not related to the seller.
Don't do any of this without seeking legal advice.
If you are thinking of selling a home
call Margaret Rome