Download North Carolina Limited Power Of Attorney For Real Property Legal Forms

Limited Power Of Attorney For Real Property Specific Real Property Transaction (N.C.G.S. 32C-3-303)

This is a recordable form used for a real property transaction. It allows the agent to perform one of four tasks on behalf of the principal.

1.To finance the purchase of a property secured by a deed of trust encumbering the property, or

2. To refinance the property secured by a deed of trust encumbering the Property, or

3. To purchase a property in compliance with the terms and provisions of a certain offer to purchase and contract, when Principal is buyer, or

4. To sell a property in compliance with the terms and provisions of a certain offer to purchase and contract, when Principal is seller.

This limited power of attorney becomes effectively immediately and can have a set termination date. If a date is not provided, it terminates in one year.

(North Carolina LPOA Package includes form, guidelines, and completed example)