What form do I need in order to give someone legal authority to handle ownership matters for my rental property?
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What form do I need in order to give someone legal authority to handle ownership matters for my rental property?
My sister-in-law lives next door to the house and I would like to give her legal responsibility to collect rents, do evictions, handle noise complaints, go to court proceedings, etc.
Asked on July 6, 2011 under Real Estate Law, Pennsylvania
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
You need to draft and give her a power of attorney. This is a fairly simple form; you could draft it yourself, using templates or models available on the Internet, though you are strongly advised to have an attorney draft it for you. You need to consider the following, to make sure you give her only the power you want her to:
1) In terms of scope, don't give her a general power of attorney, since that would let her make decisions regarding all your property and finances. Instead, ennumerate exactly what authority--and what bank accounts, if any--you want her to have or be able to control and clearly indicate she has only that authority.
2) Do you want her to continue to have this authority if you become disabled? Or do you want the authority to lapse in the event of your disability? You can draft it either way.
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