I’m the POA for my 80-year-old father who has mild dementia, but he hasn’t been deemed incapacitated. My half-sibling took him to her realtor “friend” to sign a listing agreement on some land without telling me. We had a plan for when he would sell. He doesn’t have a copy because she makes sure he’s clueless about it. His financial situation is dire, and I’ve been paying some of his bills. It seems like she did this to get money to pay off her mortgage.
Does the 3-day termination rule apply to exit the contract? Is that still the norm in Wisconsin? If I send my POA to the agent to get a copy of the contract, what’s the likelihood that he will share this info with my sister? She may not know about my POA, and I’m worried she’ll retaliate against my father.
If you contact the agent and let them know you have POA, they should work with you. If they don’t, you can notify their broker. No ethical agent wants to waste time on a deal that could fall through due to your father’s situation.
Make sure to document everything. If you’re concerned about retaliation, consider consulting with an attorney specializing in elder law. They can provide you with specific guidance.
You might want to approach this delicately. If she’s aware of your POA, she might react negatively. Keeping things low-key could help protect your father.