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Limited Power Of Attorney For Real Property Specific Real Property Transaction (N.C.G.S. 32C-3-303)
This is a recordable form used for a real property transaction. It allows the agent to perform one of four tasks on behalf of the principle.
1.To finance the purchase of a property secured by a deed of trust encumbering the property, or
2. To refinance the property secured by a deed of trust encumbering the Property, or
3. To purchase a property in compliance with the terms and provisions of a certain offer to purchase and contract, when Principal is buyer, or
4. To sell a property in compliance with the terms and provisions of a certain offer to purchase and contract, when Principal is seller.
This limited power of attorney becomes effectively immediately and can have a set termination date. If a date is not provided, it terminates in one year.
Deeds.com North Carolina Limited Power Of Attorney For Real Property Forms Have Been Updated as Recently as Monday August 8, 2022
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