If you are unable to oversee negotiations involving real property you own or plan to purchase or you prefer to nominate a legal professional who has experience in the field to act in your name, prepare an Oregon Real Estate Power of Attorney Form .
The legal representative you choose will be able to have limited or absolute authority when it comes to selling, buying, or leasing real estate - they will sign agreements for you and handle your finances.
Although the state does not oblige the principal to notarize the form or follow a specific format when drafting an authorization, you should protect your interests by including essential information in writing: identification of the parties, decisions the agent is permitted to make on behalf of the person who signed the power of attorney, legal address of the property if you need to sell or lease it, duration of the authorization, and the termination clause - either party should have a right to cancel the arrangement at any time.
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