Power of Attorney to sign closing documents

[Jeffrey Trudeau]

I am currently in the process of purchasing an 8 plex in the Kansas City MO area, with two business partners. One of them is my brother.

My brother & I live in Boston MA.

I work in the oil & gas industry and travel 6 months/ year. I will be away in Alaska during the closing.

Our lender requires a mobile notary to witness the document signatures. My plan is to give my brother Power of Attorney. I spoke with one lawyer in MA and he said its Missouri, so I have to speak with an attorney out there. Anyone have advice on the subject?

Thanks

[Tom Gimer]

If you are buying as individuals -- or are guaranteeing the loan for your entity buyer -- you can use multiple notaries in the various jurisdictions to acknowledge the individual signatures. 

If you are buying as an entity, a POA will not be helpful. What would instead be needed is a corporate or LLC resolution appointing an appropriate individual with capacity to execute and bind the entity.