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 appointing party typically elects a spouse or other trusted individual as their attorney-in-fact since they are often given the authority to buy and sell property, manage their current holdings, and refinance mortgages and other debts.
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 appointing party typically elects a spouse or other trusted individual as their attorney-in-fact since they are often given the authority to buy and sell property, manage their current holdings, and refinance mortgages and other debts.
The principal’s signature must be witnessed by one individual and acknowledged before a notary public.[1]
The witness mentioned above cannot be[2]:
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