Legal Question (I suppose) - Posted by Jake

Posted by JPiper on November 01, 2000 at 20:28:11:

You might want a limited power of attorney if you’re doing subject to transactions. It would be used to deal with insurance and lender matters. If you’re not doing subject to transactions or something else where you need to interface with insurance or lenders, then you won’t need it.

JPiper

Legal Question (I suppose) - Posted by Jake

Posted by Jake on November 01, 2000 at 18:18:11:

Should we as investors get the “Power of Attorney” from our sellers?

When would we have to use this? In my particular case the owner is an out of state owner.

Thanks in advance

Jake