New Jersey Real Estate License 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: Option B is valid because a power of attorney legally allows one person to act on behalf of another, enabling the seller to sign documents for the parent while hospitalized.
Option A is incorrect; being an executor pertains to managing an estate after death, not facilitating property sales while the owner is alive.
Option C is misleading; joint tenancy does allow co-owners to sign, but it does not clarify the seller's authority in this scenario, as the question implies the parent is still alive and unable to act.
Option D is not a legal mechanism; medical recommendations do not grant legal authority to sign documents.
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