Legal Question in Real Estate Law in Texas
Real Estate Purchase Agreement signing
An offer was tendered by the daughter to buy a townhome for ''ALL CASH'' and the parents who were the buyers gave verbal permission for the daughter to sign for them. Is this a legally binding contract in the state of Texas. A written Power of Attoney was not prepared due to the short time frame involved with multiple offers being considered.
Asked on 6/10/09, 6:29 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Real Estate Purchase Agreement signing
Technically, probably not. However, if someone was harmed due to daughter's acting without proper authority (POA), she could be held liable for damages.
Answered on 6/10/09, 6:40 pm