Updated on May 10th, 2023A New Mexico real estate power of attorney is a legal contract by which an individual, the “principal,” appoints an agent to represent them in making decisions regarding real estate. The agent may be given the authority to buy, sell, and manage property in the principal’s name. The most common purpose of using an agent is to close the purchase or sale…
Updated on May 11th, 2023A Virginia vehicle power of attorney form, officially referred to as Form VSA-70, can be used by a vehicle owner to select an agent who can make any type of ownership or vehicle registration decisions on their behalf. All documents presented by the agent to the Virginia Department of Motor Vehicles will be accepted as if they were delivered by the…
Updated on May 10th, 2023A North Dakota minor power of attorney form enables parents to authorize another adult to take care of their child for a limited period of time. Legally, the arrangement can only last for up to six months and gives the appointed individual (the attorney-in-fact) parental rights regarding all decisions except for marriage and adoption. However, if the parent chooses to, they…
Updated on May 5th, 2023A Michigan general power of attorney form is used to designate an attorney-in-fact to perform financial transactions on the principal’s behalf. The contract allows the attorney-in-fact unrestricted monetary powers as long as they act for the benefit of the principal. Unlike the durable power of attorney, the contract is terminated if the principal becomes incapacitated. Signing Requirements – Two witnesses and/or…
Updated on May 5th, 2023A Kansas limited power of attorney form is used to assign a specific financial task(s) to a willing agent looking to act in the principal’s best interest. The contract is commonly used to allow a real estate attorney to handle the closing of a sale to the seller or buyer’s benefit. The form usually voids upon the completion of the task,…
