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Illinois Statutory Short Form Power of Attorney for Property

Illinois Statutory Short Form Power of Attorney for Property Information

This short for power of attorney allows for a primary agent and successor agents (agents who will act if the primary agent can't or won't act)
Categories that your agent can or can NOT perform. Each governed by Illinois Statutes.

(a) Real estate transactions.
(b) Financial institution transactions.
(c) Stock and bond transactions.
(d) Tangible personal property transactions.
(e) Safe deposit box transactions.
(f) Insurance and annuity transactions.
(g) Retirement plan transactions.
(h) Social Security, employment and military service benefits.
(i) Tax matters.
(j) Claims and litigation.
(k) Commodity and option transactions.
(l) Business operations.
(m) Borrowing transactions.
(n) Estate transactions.
(o) All other property transactions. (755 ILCS 45/3-4)

This is a recordable document, if you allow your agent to transfer real property, Title Companies and/or other third parties will usually require the power of attorney to be recorded before a transfer of real property can take place if it has not been done so previously. This power of attorney includes an addendum page to list real property.


Deeds.com Illinois Statutory Short Form Power of Attorney for Property Forms Have Been Updated as Recently as Tuesday July 19, 2022

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