Oklahoma Real Estate (Property) Power of Attorney Form
Should an individual seek to offload one or more real estate matters to another party to responsibly handle on their behalf, they should write down the details of this agreement in an Oklahoma Real Estate (Property) Power of Attorney. In doing so, the individual (as the “Principal” to the Power of Attorney) will enter into a legally-binding relationship with the other party, their “Attorney-in-Fact.” A legally-binding relationship in this context will mean that the Principal and the Attorney-in-Fact will both be given particular rights and responsibilities attached to their respective roles within the contract.
State Laws & Signing Requirements
State Laws – Uniform Durable Power of Attorney Act
Signing Requirements (§ 58-1072.2) – Real Estate Power of Attorney Power of Attorney arrangements made in Oklahoma that will end upon the Principal’s incapacity do not carry any signing requirements. However, those that will be maintained in such circumstances must comply with state-mandated signing requirements i.e. that two (2) witnesses view the Principal sign the form.