The New Mexico Real Estate Power of Attorney prepares a concrete account exhibiting a real estate owner’s order to grant powers to another person for a particular property. Procuring a filing of this kind can be helpful during real estate closings when the property holder is not available on location to sign paperwork. The document can be revised to issue controls for sale, purchase, refinance, or allow the attorney-in-fact to manage the building as needed. Selection of the desired permissions can be documented upon the form and signed by all participants before a notary to finalize the arrangement.
Laws
Statute – New Mexico Statutes – Uniform Power of Attorney Act (§ 45-5B-101 – 45-5B-403)
Definitions – “Property” means anything that may be the subject of ownership, whether real or personal, or legal or equitable, or any interest or right therein (§ 45-5B-102(J)).
Signing Requirements – Notarization by a licensed professional necessitated to certify all registered signatures (§ 45-5B-105).
Other Versions
OpenDocs Version
Download: Adobe PDF, MS Word (.docx)
Additional Resources
- Law Offices of Dana M. Kyle – NM Financial Powers of Attorney: What You Need to Know
Related Forms
Durable (Financial) Power of Attorney
Download: Adobe PDF, MS Word (.docx)
Revocation of Power of Attorney
Download: Adobe PDF, MS Word (.docx)