Property Ownership
In Missouri, a 'power of attorney' for real estate transactions allows:
AA licensee to represent both parties
BOne person (the attorney-in-fact) to act legally on behalf of another (the principal) in real estate matters✓ Correct
CAn attorney to practice real estate without a license
DMREC to act on behalf of licensees
Explanation
A power of attorney (POA) designates an attorney-in-fact to execute documents and conduct real estate transactions on the principal's behalf. Real estate POAs should be in writing, notarized, and recorded to be fully effective in Missouri.
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