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The principal(s) appoint an attorney-in-fact/agent to purchase a specific property that is in Vermont.
No agent may convey lands belonging to the principal or an estate or interest therein unless the terms of the power of attorney explicitly provide the agent has such authority and the power of attorney meets the specific execution requirements of section 3503 of this title. 3504(c)
"Agent" means a person named by a principal in a written power of attorney to act on the principal's behalf, and is synonymous with the term "attorney-in-fact". 3501(2)
This power of attorney is durable -"Durable power of attorney" means a written power of attorney in which the authority of the agent does not terminate in the event of the disability or incapacity of the principal. 3501
This power of attorney includes a "Special Instructions" section, where the principal(s) can further limit or define the Agent's powers.
A power of attorney shall terminate on; (The occurrence of a termination event explicitly specified in the power of attorney) (VSA-3507(7)). This power of Attorney terminates upon a specific number of days provided by the principal after its execution, example: 30, 60, 100, etc., days after execution.
For use in Vermont Only.
Deeds.com Vermont Power of Attorney for the Purchase of Real Estate Forms Have Been Updated as Recently as Friday April 21, 2023
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