Legal Question in Real Estate Law in Florida
Power of Attorney
Is there a different type of a power of attorney (legal form) other than a General Power of Attorney used when refinancing residential property
4 Answers from Attorneys
Re: Power of Attorney
Listen to the 2nd and 3rd attorneys. They are absolutely correct, and normally the bank (assuming this is not a private deal) will provide the "limited power of attorney" which will relate just to the property.
Re: Power of Attorney
Despite the previous response (everyone should take anything that attorney says with a large grain of salt), of course there is. It is a "special power of attorney", one limited to the specific powers you wish to give to the attorney in fact, in this case to execute all papers required for the refinancing. A general power of attorney is used when you wish to give the attorney in fact full authority to do ANYTHING in your name.
Re: Power of Attorney
Yes. A limited power of attorney exists. Note however that you must speak to the bank or mortgage banker to see if they will accept the power of attorney.
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