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What type of Power Of Attorney needs to be used in Virginia for real estate transactions?

What type of Power Of Attorney needs to be used in Virginia for real estate transactions?

Full question:

What type of Power Of Attorney needs to be used in Virginia for real estate transactions? Durable, General, Limited, etc.? Must the Power of attoney be recorded or can it be recorded as part of the realestate transaction?

Category: Power of Attorney
Date: 04/07/2025
State: Virginia

Answer:

Yes, an applicable power of attorney is typically filed as part of your real estate transaction in the county clerk's office.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

What is the difference between power of attorney and power of estate?

A power of attorney (POA) allows someone to make decisions on behalf of another person, typically concerning financial or legal matters. In contrast, a power of estate generally refers to the authority granted to manage a person's estate after their death, often through a will or trust. While a POA is effective during a person's lifetime, a power of estate becomes relevant upon their passing.

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