The principal can structure the form to provide the agent with whatever powers are necessary to complete their assigned tasks. They should make sure the powers are detailed clearly to avoid any confusion or conflict.

The principal must also decide and specify whether the agent’s powers extend in perpetuity or are limited to a single task or period of time. In most cases, the POA will terminate on a certain date or after the necessary assignments have been fulfilled.

Federal and state law provide little restriction on who can serve as an agent. Additionally, the agent can be a business or other entity.

For property transactions, the principal will generally choose a realtor, attorney, or another person experienced in buying and selling real estate. Likewise, the principal should choose an experienced property manager or management company if that is the purpose of the POA.

The principal will need to draft and sign a real estate POA that appoints their chosen agent, describes the authorizations given to them, and relays how or when the authorization ends. Most states also require that the form be notarized.

The principal will need to make copies of the POA, personally deliver them to recipients, and give the agent one to present as necessary.