Rhode Island General Laws 37-7-11. Delegation of powers over real estate by federal officer
Any governmental official duly appointed or elected under the laws of the United States of America, who by law is authorized to take and hold title to real estate by virtue of his or her office, may if authorized by the laws of the United States of America, by power of attorney duly executed, acknowledged, and recorded, delegate to any of his or her subordinates, the power to manage, contract to sell, sell, mortgage, or lease any real estate so held by him or her and to execute, acknowledge, and deliver in the name of the official any deed, conveyance, mortgage, lease, or other instrument necessary to effectuate the contract, sale, mortgage, or lease.
History of Section.
G.L. 1938, ch. 488, § 7; P.L. 1951, ch. 2765, § 1; G.L. 1956, § 37-7-11.
Terms Used In Rhode Island General Laws 37-7-11
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
- United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8