Virginia Real Estate Exam Practice Question
When operating under a power of attorney concerning the transfer of real property, who may sign as the grantor?
Correct Answer: A
Rationale: In the context of a power of attorney for real property, the attorney-in-fact is the individual authorized to act on behalf of the principal (the person granting the power). This means they can sign documents related to the transfer of property.
The county clerk (B) does not have the authority to sign as the grantor; their role is to record legal documents. The grantor (C) refers to the person who originally holds the property rights, but in this scenario, they are delegating authority to the attorney-in-fact. The principal (D) is the same as the grantor, but cannot sign if they are giving power to someone else. Thus, only the attorney-in-fact can sign on behalf of the principal.
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