A Connecticut real estate power of attorney is used to appoint an agent to buy, sell, or manage residential and commercial property on another individual’s behalf. The agent can also be granted the authority to refinance the mortgage and other debts of the person they are representing (the “principal”). All terms of the agent’s authority are governed by the power of attorney document, which the principal can revoke and amend at any time.
The agreement can be durable or non-durable. A “durable” power of attorney remains effective if the principal becomes incapacitated and a “non-durable” one does not. The agent will need to be given a notarized copy of the document as proof of authority which is required to perform certain legal and financial acts.
Statute – § 1-351c
Signing Requirements (§ 1-350d) – Two (2) Witnesses and Notary Public
Connecticut General Power of Attorney – Grants the agent with the general powers to handle the principal’s interests.