New Jersey Real Estate 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 allows one individual to act on behalf of another in legal matters, including property transactions. This would enable the seller to sign the paperwork while the parent is hospitalized.
Option A is incorrect as being an executor pertains to managing an estate after death, not during the parent's lifetime.
Option C misunderstands property ownership; joint tenancy does not automatically grant signing authority without the other owner's consent.
Option D is irrelevant, as medical recommendations do not confer legal authority to sign documents.
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