An attorney-in-fact is an individual authorized to act on behalf of another person under a power of attorney, which can be either general or limited in scope.
A Power of Attorney (POA) is a legal document that grants one individual (the agent or attorney-in-fact) the authority to act on behalf of another person (the principal) in legal or financial matters.
A proxy is an individual authorized to act on behalf of another person, primarily in meetings or legal proceedings. The term also refers to the document granting this authority.
Revocation is the act of recalling or withdrawing a power of authority previously conferred, such as a power of attorney, license, agency, or other similar agreements. It is a fundamental legal concept that has considerable implications in real estate transactions and credentials.
A universal agent is authorized to act on behalf of another in all matters that one could personally exercise or control, often through a general power of attorney.
