Iowa Limited Power of Attorney for the Purchase of Real Property

Use this Limited Power of Attorney to appoint an Agent to purchase a specific property. In this form the principal empowers the agent to perform every act necessary and requisite to negotiate, agree to and consummate, on whatever terms your agent deems appropriate, the purchase and financing for the purchase of the real property described, including without limitation the review, approval, acceptance, execution or delivery of any escrow instructions, any contract, any deed, any note, any trust deed, any other debt, security or financing document, any other document required from you by the seller, your lender, if any, any escrow agent, any title insurer or any other party affiliated with the transaction or any other document required for you that relates to the specific transaction

This form (must be signed by the principal(s)or in the principal's conscious presence by another individual, other than any prospective agent, directed by the principal to sign the principal's name on the power of attorney. A power of attorney must be acknowledged before a notary public or other individual authorized by law to take acknowledgments. An agent named in the power of attorney shall not notarize the principal's signature. An acknowledged signature on a power of attorney is presumed to be genuine.) (633B.105 Execution)

Once completed this Limited Power of Attorney is recorded in the County where the subject property is located.

(Iowa Limited POA-Purchase Package includes form, guidelines, and completed example)