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New Mexico Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser
This Power of Attorney for Real Estate Transaction example is for a Purchaser to authorize an attorney-in-fact to execute all documents and do all things necessary to purchase a particular parcel of real estate for purchaser, including loan documents. This example must be signed and notarized.
Law Summary - New Mexico Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser
NEW MEXICO LAW SUMMARIES
SPECIAL POWER OF ATTORNEY FOR CLOSING REAL ESTATE TRANSACTION
A special power of attorney allows the principal to give only specific powers to the attorney-in-fact/agent. The special power of attorney is used to allow the attorney-in-fact/agent to handle specific matters when the principal is unavailable or unable to do so. The power of attorney cannot be revoked until notice is given. Therefore, if the principal wishes to revoke the power of attorney he/she should send a written notice of revocation to the acting attorney-in-fact/agent and to all third parties relying on the authority of the acting attorney-in-fact/agent.
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