California Probate Code

§ 4451

PROB § 4451 Effective Jan 1, 1995Div. 4.5 · Part 3 · Ch. 2

Statute text

In a statutory form power of attorney, the language granting power with respect to real property transactions empowers the agent to do all of the following:

(a)Accept as a gift or as security for a loan, reject, demand, buy, lease, receive, or otherwise acquire, an interest in real property or a right incident to real property.

(b)Sell, exchange, convey with or without covenants, quitclaim, release, surrender, mortgage, encumber, partition, consent to partitioning, subdivide, apply for zoning, rezoning, or other governmental permits, plat or consent to platting, develop, grant options concerning, lease, sublease, or otherwise dispose of, an interest in real property or a right incident to real property.

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Legislative history

Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.