Dictionary of Business Terms: attorney-in-fact
attorney-in-fact
one who is authorized to act for another under a Power Of Attorney which may be general or limited in scope. A person need not be an attorney-at-law to be an attorney-in-fact.
Dictionary of Real Estate Terms: attorney-in-fact
attorney-in-fact
one who is authorized to act for another under a power of attorney, which may be general or limited in scope.
Example: Collins wishes to sell her home but is planning a 6- month vacation in the Middle East. She gives authorization to her friend Baker to sign the deed over to a buyer. Baker becomes her attorney-in-fact for this situation.
