A Missouri real estate power of attorney is used to appoint an agent to handle all or some of the assignments related to a piece of property on behalf of the principal. The principal can select which duties they would like their agent to perform, including selling, purchasing, managing, and refinancing the property. The agent is not authorized to represent the principal in any capacity not specifically mentioned in the real estate power of attorney, real estate or otherwise. A real estate power of attorney terminates either upon a certain date, upon revocation by the principal, or upon the principal’s death or incapacitation.
Missouri General Power of Attorney – In addition to real estate, an agent appointed by a properly executed general power of attorney may handle any and all financial and estate matters on behalf of the principal, up until an event that leads to the principal’s incapacitation.