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Property Law and Real Estate

Southern Methodist University

Journal

Power of attorney – real estate transactions

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Rethinking Powers Of Attorney In Real Estate Transactions, Julia Patterson Forrester Rogers Jan 2018

Rethinking Powers Of Attorney In Real Estate Transactions, Julia Patterson Forrester Rogers

SMU Law Review

The Uniform Power of Attorney Act, adopted in 2006, was designed to address the divergence of various states from the original uniform act and to address problems identified by attorneys practicing in the area. One such problem was the refusal of parties to accept powers of attorney—although a client might execute a durable power of attorney as part of an estate plan to avoid a guardianship, parties would refuse to deal with the agent, thus necessitating a guardianship proceeding. The Uniform Act has now been enacted in some form in more than half of the states, including Texas. The author …