Michigan Sales Form PDF Details

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.

QuestionAnswer
Form NameMichigan Sales Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesmi sales, mi transaction, michigan sales, michigan poa

Form Preview Example

Prepared by, recording requested by and return to:

Name:

Company:

Address:

City:

State:Zip:

Phone:

Fax:

----------------------Above this Line for Official Use Only---------------------

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 Attorney-in-Fact to act as follows,

GRANTING unto my Attorney-in-Fact full power to:

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, truth-in-lending statements, all forms of commercial papers, endorsements to checks, or the like, and any such other instrument or instruments in writing of whatever kind, character and nature as may be necessary to complete the sale, financing arrangements, and the settlement process. FURTHER GRANTING full power and authority to collect and receive any funds or proceeds of said sale in any manner which, in his sole discretion, he sees fit.

The legal description of the property is as follows, to-wit:

[INSERT DESCRIPTION OR ATTACH EXHIBIT]

I hereby ratify and confirm all that said attorney-in-fact shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.

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 "Attorney-in-Fact", excepting however any situation where local practice differs from the procedure set forth herein, in that event local practice may be followed. This SPECIAL POWER OF ATTORNEY shall be valid and may be relied upon by any third parties until such time as any revocation is recorded in the recorder's office of the county where the land is located.

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:

____________________

Principal Name and Address

Attorney-in-Fact Name and Address

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