Q: what are the requirements to establish someone as legal proxy in real estate matters in the state of Georgia?
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A:
To establish someone as a legal proxy for real estate matters in Georgia, you typically need to follow these steps:
1. Execute a Power of Attorney (POA): The principal, the person granting authority, creates a POA to designate an agent or attorney-in-fact to act on their behalf in real estate transactions.
2. Notarization: The POA generally requires notarization in Georgia to be legally valid.
3. Record in Real Property Records: To ensure third parties are aware of the agent's authority, consider rerording the POA in the county's real property records where the real estate is located.
4. Agent's Responsibilities: The agent must act in the principal's best interests and follow their wishes as outlined in the POA.
5. Termination: The POA specifies when it becomes effective and under what circumstances it can be terminated. It may become void upon the principal's death or incapacity.
For personalized legal advice tailored to your unique circumstances, it's advisable to consult with an attorney.
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