Tuesday 28 April 2015

How should my parents authorize me to lease their house?My parents live in a foreign country. They bought a house in the US. Now they want t...

Question

How should my parents authorize me to lease their house?

My parents live in a foreign country. They bought a house in the US. Now they want to lease the house at their absence. How should I get authorized to lease the house?



Answer

A power of attorney is your best bet. They can sign it and have it notarized at a U.S. Embassy or Consulate if they are U.S. Citizens or resident aliens, or it can be notarized, verified or authenticated, under the laws of the country they live in if they are nationals of that country. Alternatively they can just give you a written signed agency agreement, which would certainly empower you to find tenants, sign a lease for them, etc., but you might run into issues managing the property for them, if you have to deal with the government, banks, etc.



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