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What Is a General Power of Attorney? A general power of attorney gives an agent broad authority to act on the principal's behalf in a wide variety of situations, such as signing documents, buying ...
A Lasting Power of Attorney is made by filling in a form in a prescribed manner, signed and witnessed in a prescribed order. There is a Web site [ 9 ] which allows data to be filled in, and provides a filled-in form ready to be signed and witnessed in printable PDF format.
Again, you cannot obtain a power of attorney if the principal is not legally competent. If your family member or loved one is unable to consent, you will need to petition the Circuit Court to ...
The first title insurance company, the Law Property Assurance and Trust Society, was formed in Pennsylvania in 1853. [1] Typically the real property interests insured are fee simple ownership or a mortgage. However, title insurance can be purchased to insure any interest in real property, including an easement, lease, or life estate.
A power of attorney may be: special (also called limited), general, or temporary. A special power of attorney is one that is limited to a specified act or type of act. A general power of attorney is one that allows the agent to make all personal and business decisions [9] [10] A temporary power of attorney is one with a limited time frame. [11]
Obtaining title insurance typically involves two stages: First, a title search is run to verify that the home seller holds legitimate ownership of the property and has the right to sell it. Next ...
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