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The Rhode Island Real Estate Power of Attorney configures a written register that conveys the authority from the owner to an alternate agent to perform designated actions for property transactions and/or management. In situations when the owner of a piece of real estate is not able to be present for related property matters, an endowment of controls can be issued to another on a temporary basis. The agreement allows the principal to tailor the powers granted to their needs to assign management, sale, purchase, lease, and refinancing rights to the attorney-in-fact as recorded in the document. Once satisfied, the declarant can sign the paperwork, along with the appointed agent and required notary endorsements.

Laws

Statute – Rhode Island Short Form Power of Attorney Act (§ 18-16)

Definition – § 18-16-3

Signing Requirements – Valid notary presence is obligated at time of endorsement to verify capacity and identification of all active participants involved in the arrangement (§ 18-16-2).