Using Power of Attorney at Closing

K

kfrancis

New member
Jan 8, 2002
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rockharddesigns.com
Is it possible to use a Power of Attorney in a Real Estate Closing?

For example, is it possible for one person with POA from several others to purchase RE in their name? The POA senerio could be as follows.

5 members of one group ( say different family members ) want to purchase 5 adjacent lots. They are spread across 4 states in the US and one member wants to to handle everything in one session at the closing.

Can this be done here in the RD ? Or does the buyer actually have to be here to sign the contract with the seller ?

kFrancisco de Cabral
 
F

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
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Of course it can be done. However, a standard power-of-attorney won't do. It has to be in Spanish and authenticated at the nearest Dominican Consulate. The closing attorney should prepare the text and guide you through the mechanics.
 
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