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A proper power of attorney is a legal proxy that benefits property owners and buyers. According to the law, a person with the power of attorney can buy, sell, or transfer the possession of a property on the behalf of their client. The POA generally allows property sale, mortgage, and gifting. Typically, the validity of such type of POA is 2 years. On the other hand, the POA will be valid for five years in case it is attained for the property purchase. The date of notarization at the notary public is when this POA becomes valid.