Attorney-In-Fact

Business / Real Estate / Attorney-In-Fact: A competent and disinterested person who is authorized by another person to act in his or her place. In real estate conveyance transactions, an attorney-in-fact, who has a fiduciary relationship with his or her principal, should be so authorized by way of a written, notarized and recordable instrument called a power of attorney.

Special Agent

Business / Real Estate / Special Agent: One authorized by a principal to perform a particular act or transaction without contemplation of continuity of service as with a general agent. The real estate broker is ordinarily a special agent ap MORE

Power-Of-Attorney

Business / Real Estate / Power-Of-Attorney: A written instrument authorizing a person, the attorney-in-fact, to act as the agent on behalf of another to the extent indicated in the instrument. MORE

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