In case you want to appoint another individual or organization as your legal representative to let them help you manage any affairs related to real property, consider composing an Illinois Real Estate Power of Attorney Form .
This document will authorize the agent to make decisions whether you ask them to deal with the negotiations concerning the sale and purchase of the residential property or communicate with a tenant who moves in the rental unit you own. An effective authorization will identify the parties, state what the representative is allowed to do with the property, outline the future communications between the parties, and indicate when or under which circumstances the power of attorney expires.
Additionally, there are two legal requirements every principal must follow to make sure the form is enforceable: find a witness who will confirm you are signing the authorization on your own accord and obtain a notary seal for the document - your signature must be acknowledged by a notary public, county clerk, or judge.
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