This form is used for the purchase of real property. The principle designates an agent and empowers him/her to act in all necessary legal documents including contracts for sale, deeds, mortgages, promissory notes, settlement statements, affidavits, and other documents with regard to all matters concerning the PURCHASE of the property. The Limited Power of Attorney is durable and shall not be affected by the principle's disability, incompetency, or incapacity although an expiration date is set by the principle as to the number of days the power of attorney stays active after its execution.

Recording: For the POA to be used in a real estate transaction, it usually must be recorded in the county where the property is located. This is necessary for deeds and other documents executed by the agent to be recorded and considered valid.

Agent's Duties: The agent is expected to act in the principal's best interest, maintain accurate records, keep the principal's property separate from theirs, and avoid conflicts of interest.

For use in Alabama only.

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