New Jersey Real Estate Practice Exam Practice Question
A seller was able to go to the closing and sign the paperwork to sell a parent's property while the parent was still in the hospital. How could this be possible?
Correct Answer: B
Rationale: The scenario is plausible if the parent had granted a power of attorney to the seller, allowing them to act on the parent's behalf in legal matters, including the sale of property. This arrangement empowers the seller to sign documents without the parent's physical presence.
Option A is incorrect because being an executor pertains to managing an estate after death, not during the parent's hospitalization. Option C is also inaccurate; while joint tenancy allows co-owners to act, it does not apply if the seller is not a co-owner. Option D lacks legal standing, as a surgeon's recommendation does not confer authority to sign legal documents.
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