Can His Daughter's Power of Attorney Put A Halt To It All?

[Chris Rich]

Good morning everyone. I apologize in advance for the lengthy post but I'd like to paint as clear of a picture as possible to explain this scenario. I have a seller that is 81 years old that wants to sell his property. He gave his daughter power of attorney 25 years ago & he says that he now regrets, as they are no longer on good terms. The owner's grandson lives next door & he saw his grandfather & I going to check out the vacant unit of the duplex. His grandson called his daughter over (she lives about 3 minutes away) & as we're walking the property, she walks in, introduces herself & states that she has power of attorney, her father has dementia & any contracts that I sign with him will be void. Immediately after she says that, the 2 of them start arguing as I'm standing there. After things cool off, the daughter leaves & the owner & I walk back over to his house (he lives next door to the rental). We continue to talk, in his house about the entire situation, for another 30-45 minutes. During the conversation, he explains to me how he built his daughter the 1 million dollar house that she currently lives in, years ago & he believes that his daughter is trying to block him from selling any of the rentals because she's just waiting for him to die so that she can try to take over his properties. He stated that nothing is wrong with him mentally & he's never been legally labeled as having dementia or declared incompetent to make legal decisions. He says that his daughter is currently trying to make that happen, legally (although I'm unfamiliar of how all of this works). He says that his plans are to sell the property that he has in Virginia & move back to Florida (he also owns 2 properties there). He also says that he's currently working with an attorney to try to get his daughter's POA revoked so that he can sell. He did let me know that in the meantime, if there's anything else that I could do to help, to let him know. This is a new one for me & I'm not sure if there's anything that I could do to assist. I'm wondering if anyone here has come across this situation. If so, how did you handle it?