This letter is usually written by the property owner authorizing another party to sell a property on their behalf. Simply put, the property owner is handing over a power of attorney to a third party to access, determine, and sell off the property. An authorization letter to sell a property is usually drafted by the property owner when they would like to sell their property, but due to various reasons, they may not be physically present to handle the transaction. The property owner may authorize a friend, family member, or a lawyer to handle the sale on their behalf. An authorization letter is legally accepted and can act as a great tool to get the sale of the property done despite you not being there to oversee the deal.
How to Write an Authorization Letter?
An authorization letter to sell property should be written with the utmost care. When writing an authorization letter, you must ensure that the letter is simple, precise, and to the point. You should also be very keen to safeguard against any arguments and any litigations that may arise in the event of a misunderstanding.
To write an authorization letter, follow the following steps:
- Write the name, address, and date at the top left-hand corner of the page
- Below the date, write the recipients name, address and any other relevant information
- An authorization letter should be formal. Open the letter with Dear Mr./Ms. [name], or if you don’t know their name, simply direct the letter to “To Whom It May Concern.”
- The body of the letter should be single-spaced, and the paragraphs should not be indented
- Conclude the letter with a closing signature followed by your name and your handwritten signature.
Who Are the Different Parties Involved?
The First Party is the property owner. The Second Party is the individual seeking to purchase the property, and the Third Party is the person selected to act on behalf of the property owner’s absence. The letter should be addressed to the second party.
Essential Things to Consider
- The date for the authorization: Make sure to specify the date on which the authorization letter is in effect.
- Duties the representative is authorized to do: Specify the duties you are authorizing your representative to do on your behalf. Be specific on what you have authorized them to do.
- Typewritten: You should always type and print an authorization letter. The letter should not be handwritten as it may be difficult to read and may look less professional when handwritten.
Authorization Letter to Sell a Property: Sample I
To Whom It May Concern,
Subject: Authorization Letter to Sell Property
I, Mr. Paul Michael, owner of the property, Green View 345 street Valley Road, hereby state that I have authorized Mr. Eric Thomson to sell the property on my behalf. I, with this, acknowledge Mr. Eric as my official personal agent. Due to some unavoidable circumstances, I won’t be able to come for the legal processing of the selling of the property.
Being my official agent in this sale, Mr. Eric shall have the powers to look-into and make any necessary changes in the terms and conditions if need be. Any acts done by Mr. Eric on my behalf shall have the same effect as my own, together with the signing of the purchase documents to finalize the transaction. Should the agent sell the property on terms acceptable to me, a fee of 3% of the total amount shall be given to Mr. Eric for his services.
I, therefore, write this letter to accord him full authority to represent my interest during the sale of the property. This authorization shall remain in effect until further notice is issued from me.
Owner of Green View 345
Email: [email protected]
Phone No: +18637353963
- MS Word
Authorization Letter to Sell a Property: Sample II
4353, Lane Avenue
King’s College Road
Los Angeles-BBND 272
Contact No: + 198337826562
Subject: Authorization to sell property
I, the undersigned, herein referred to as the owner of the property Green Span view-section 62, hereby authorize Ms. Toonwoods Maya of ROLENE AND MAYA REAL ESTATES as the REALTOR, to present and sell the property to any prospective buyers.
BUYER: Mr. Kevin Daniels
SUBJECT PROPERTY: Green Span View-section 62
Taking into consideration the terms of this letter, I, the owner of the property, hereby give authorization to the Realtor mentioned above the right to make any purchase transactions on my behalf. I hereby agree to furnish the potential buyer with the merchantable title according to the policy of the title insurance along with the conveyance facility. This authorization letter shall remain in effect from this date until the undersigned owner sends a letter in writing terminating the authorization.
If the Realtor sells the property to the buyer with terms acceptable to the undersigned owner, the owner agrees to pay 2% of the price accepted by the owner. Consequently, if the purchase is made after the expiration of this authorization, the undersigned owner will be bound to pay the same fees to the Realtor.
- MS Word