Pennsylvania Real Estate (Property) Power of Attorney Form
An individual or entity who has been named as an Agent to a Pennsylvania Real Estate (Property) Power of Attorney is responsible for handling the real estate affairs of another party, the Principal, in their stead. When fulfilling their role, the Agent must act in accordance to any specific instructions provided by the Principal, such as the specific circumstances they should exercise their powers, and what particular tasks they should handle. For instance, a Principal may instruct the Agent only to use their powers when they are interstate and only to use them to collect rent from tenants.
State Laws & Signing Requirements
State Laws – Powers of Attorney
Signing Requirements (§ 5601(b)) – Real Estate Power of Attorneys cannot be executed unless the Principal signs their name on the form before a Notary Public and two (2) witnesses. They additionally are obligated to sign the notice that can be found in § 5601(c) and ensure it is present at the beginning of the form.