Vermont § 4052 - Statutory short form power of attorney for real estate transactions

§ 4052. Statutory short form power of attorney for real estate transactions

• (a) A document substantially in the following form may be used to create a statutory form
  power of attorney for a real estate transaction that has the meaning and effect prescribed
  by this chapter. Nothing in this section shall prohibit a principal from using this
  form to grant other powers to an agent with respect to real property consistent with
  section 4034 of this title. VERMONT STATUTORY FORM POWER OF ATTORNEY IMPORTANT INFORMATION This power of attorney authorizes another person (your agent) to take actions for
  you (the principal) in connection with a real estate transaction (sale, purchase,
  mortgage, gift, or other authorized real estate transaction). Your agent will be able
  to make decisions and act with respect to a specific parcel of land whether or not
  you are able to act for yourself. The meaning of authority over subjects listed on
  this form is explained in the Vermont Uniform Power of Attorney Act, 14 V.S.A. chapter 127. DESIGNATION OF AGENT I/we _______________________________________ and _______________________________________ (Name(s) of Principal) appoint the following person as my (our) agent: Name of Agent: _________________________________________ Name of Successor Agent: _________________________________________ Address of Property that is the subject of this power of attorney (Street): , (Municipality)_________________________________________ _______________________________________________________________________ , Vermont. Transaction for which the power of attorney is given: [ ] Sale [ ] Purchase or Acquisition [ ] Finance and/or Mortgage [ ] Gift [ ] Other _______________________________________________________________________ GRANT OF AUTHORITY I/we grant my (our) agent and any successor agent authority named in this power
  of attorney to act for me/us with respect to a real estate transaction involving the
  property with the address stated above, including, but not limited to, the powers
  described in 14 V.S.A. § 4034(2), (3), and (4) as provided in the Vermont Uniform Power of Attorney Act, 14 V.S.A. chapter 127, together with the incidental powers enumerated in section 4033 of that chapter. POWER TO DELEGATE [ ] If this box is checked, each agent appointed in this power of attorney may delegate
  the authority to act to another person. Any delegation shall be in writing and executed
  in the same manner as this power of attorney. TERM This power of attorney commences when fully executed and continues until the real
  estate transaction for which it was given is complete. SELF DEALING [ ] If this box is checked, the agent named in this power of attorney may convey
  the subject real estate with or without consideration to the agent, individually,
  in trust, or to one or more persons with the agent. CHOICE OF LAW This power of attorney and the effect hereof shall be determined by the application
  of Vermont law and the Vermont Uniform Power of Attorney Act. SIGNATURE AND ACKNOWLEDGMENT _______________________________________________________________________ Your Name Printed _______________________________________________________________________ Your Address _______________________________________________________________________ Your Telephone Number_______________________________________________________________________ State of _________________________________________ County of _________________________________________ This document was acknowledged before me on (Date) _________________________________________ by _______________________________________________________________________ (Name of Principal) _________________________________________ (Seal, if any) Signature of Notary _________________________________________ My Commission expires: _________________________________________ (b) A power of attorney in the form above confers on the agent the powers provided in
  subdivisions 4034(2), (3), and (4) of this chapter. (Added 2023, No. 60, § 1, eff. July 1, 2023; amended 2023, No. 161 (Adj. Sess.), § 17, eff. June 6, 2024.)