In the realm of real estate transactions within Michigan, the significance of a properly executed Michigan Sales form, specifically the Special Power of Attorney for Closing Real Estate Transaction, cannot be overstated. This document effectively empowers a designated Attorney-in-Fact, selected by the seller, to perform a wide array of actions necessary for the closure of a real estate sale. This authorization includes the execution of documents such as deeds, checks, and contracts, among others, to not only effectuate the sale but also to handle the settlement and any financing arrangements. It's structured to ensure the seller's interests are safeguarded by granting comprehensive authority to the Attorney-in-Fact to act on their behalf, right down to collecting and managing the proceeds from the sale. This authority continues until explicitly revoked and recorded in the county where the property is situated. Crafted to streamline the sale and transfer process, this document also includes provisions for it to be recognized and acted upon by third parties, thereby facilitating a smoother transaction process. Additionally, the meticulous detail provided for in the form, from the legal description of the property to the enumeration of powers granted, underscores the importance of clarity and precision in such legal instruments, ensuring all involved parties are well-informed of their roles and responsibilities within the transaction.
Question | Answer |
---|---|
Form Name | Michigan Sales Form |
Form Length | 3 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 45 sec |
Other names | mi sales, mi transaction, michigan sales, michigan poa |
Prepared by, recording requested by and return to:
Name:
Company:
Address:
City:
State:Zip:
Phone:
Fax:
SPECIAL POWER OF ATTORNEY
FOR CLOSING REAL ESTATE TRANSACTION
(Agent for Seller)
STATE OF MICHIGAN
COUNTY OF ____________
KNOW ALL MEN BY THESE PRESENT, THAT I ________________________,
whose address is ___________________________________, _______________ (City),
__________________ (State), ________ (Zip), desiring to execute a SPECIAL POWER
OF ATTORNEY, hereby appoint, ______________________________, of
____________________ County, Michigan, as my
GRANTING unto my
To do all things necessary to close on the sale of the property described below, commonly known as
____________________________________________ (address), with full power
and authority for me and in my name to execute any and all documents necessary to effect the sale, conveyance and settlement on said property to any person or persons of his choosing, including but not limited to, deeds, checks, receipts, releases, warranties, affidavits, contracts, addenda, settlement statements, loan commitments and disclosure statements,
The legal description of the property is as follows,
[INSERT DESCRIPTION OR ATTACH EXHIBIT]
I hereby ratify and confirm all that said
All acts done by means of this power shall be done in my name, and all instruments and documents executed by my Attorney hereunder shall contain my name, followed by that of my attorney and the description
DATED this the ________ day of ___________________, 20____.
________________________________
Signature
Print Name: ______________________
_______________________________
Witness
Print Name: _____________________
_______________________________
Witness
Print Name: _____________________
STATE OF MICHIGAN
COUNTY OF _________________
The foregoing instrument was acknowledged before me this
_____________________ (date) by
___________________________________________ (name of person acknowledged).
_____________________________
Notary Public
Printed Name: _________________
My Commission Expires:
____________________
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