Power of Attorney for development of property

Power of attorney for development of property is a legal document transferring the legal right to the attorney or agent to manage and access the principal's property and to make necessary constructions and modifications in the event the principal is unable to do so themselves. The power of attorney of property usually includes all assets held by the principal, such as real estate, bank accounts and stocks. The terms of the contract, including what can and cannot be managed, are determined at the time the contract is established.