Yes, you can grant someone power of attorney to do this for you.
Andrew M. Bonderud, Esq.
The Bonderud Law Firm, P.A.
Free consultations - 24/7
Andrew M. Bonderud, Esq. is an attorney with The Bonderud Law Firm, P.A. He offers free consultations 24/7. Andrew's posting here is not to be considered legal advice nor does an attorney-client relationship exist.
Yes. You can grant someone limited power of attorney to act as your agent in a real estate purchase.
DISCLAIMER: Brandy A. Peeples is licensed to practice law in the State of Maryland. This answer is being provided for informational purposes only and the laws of your jurisdiction may differ. This answer based on general legal principles and is not intended for the purpose of providing specific legal advice or opinions. Under no circumstances does this answer constitute the establishment of an attorney-client relationship. For legal advice relating to your specific situation, I strongly urge you to consult with an attorney in your area. NO COMMUNICATIONS WITH ME ARE TO BE CONSTRUED AS ARISING FROM AN ATTORNEY-CLIENT RELATIONSHIP AND NO ATTORNEY-CLIENT RELATIONSHIP WILL BE ESTABLISHED WITH ME UNLESS I HAVE EXPRESSLY AGREED TO UNDERTAKE YOUR REPRESENTATION, WHICH INCLUDES THE EXECUTION OF A WRITTEN AGREEMENT OF RETAINER.
Should also consider a trust
to avoid probate.
The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.
That person needs to be aware of a number of tax issues dealing in US realty for foreign owners.
Most people are not fully aware of the effect their legal case will have on their Financial & Estate Plan. I welcome the opportunity to discuss your unique situation with you so that you will know the financial impact that your case may have. You may find more information in articles, videos, and blog entries on my website www.411FlaLaw.com. Disclaimer: The response above is not legal advice and does not create an attorney/client relationship. The response is in the form of legal education and is intended to provide general information about the matter within the question. Oftentimes the question does not include significant and important facts and timelines that, if known, would significantly alter the above response.