In the event a buyer or seller cannot attend a real estate settlement, a Power of Attorney (POA) can be used to have closing documents signed on their behalf. In the State of Maryland it is suggested that you use a statutory POA form when such a power is needed. The buyer or the seller […]
Who signs on behalf of an entity?
The issue that comes up often when an entity is involved with a sale is; who has authority to sign on behalf of the entity? If a limited liability company is involved, the Operating Agreement is needed. The LLC should have an Operating Agreement that details how the company is to operate. This is NOT […]
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Who signs on behalf of an entity?
The issue that comes up often when an entity is involved with a sale is; who has authority to sign on behalf of the entity? If a limited liability company is involved, the Operating Agreement is needed. The LLC should have an Operating Agreement that details how the company is to operate. This is NOT […]