Illinois Real Estate Power of Attorney Form

An Illinois real estate power of attorney is a form that appoints a representative to manage real estate matters on behalf of another person. The principal typically elects a spouse or other trusted individual as their attorney-in-fact since they will have the authority to buy and sell property, manage their current holdings, and refinance mortgages and other debts.

Illinois Real Estate Power of Attorney Form

An Illinois real estate power of attorney is a form that appoints a representative to manage real estate matters on behalf of another person. The principal typically elects a spouse or other trusted individual as their attorney-in-fact since they will have the authority to buy and sell property, manage their current holdings, and refinance mortgages and other debts.

Last updated June 11th, 2024

An Illinois real estate power of attorney is a form that appoints a representative to manage real estate matters on behalf of another person. The principal typically elects a spouse or other trusted individual as their attorney-in-fact since they will have the authority to buy and sell property, manage their current holdings, and refinance mortgages and other debts.

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Signing Requirements

The principal’s signature must be witnessed by one individual and acknowledged before a notary public.[1]

The witness mentioned above cannot be[2]:

  • The attending physician or mental service provider.
  • The agent or successor agent.
  • Anyone who owns or runs a healthcare facility where the principal lives or receives treatment.
  • A relative of the principal or a relative of any party mentioned above.

Power of Attorney (Preview)

Illinois Real Estate Power Of Attorney