I imagine that you mean that your friend bought a home, but that the home loan isn't fully paid off yet. If that's the case, and if your friend did not transfer the property to a trust in order to avoid probate on his death, then you, as agent under the DPOA, can execute a lease to rent the property out to tenants.
If, however, the property is in a trust, only the trustee (or successor trustee if your friend is incapacitated) can sign a lease.
I imagine that you mean that your friend bought a home, but that the home loan isn't fully paid off yet. If that's the case, and if your friend did not transfer the property to a trust in order to avoid probate on his death, then you, as agent under the DPOA, can execute a lease to rent the property out to tenants.
If, however, the property is in a trust, only the trustee (or successor trustee if your friend is incapacitated) can sign a lease.
