Agency is a relationship based on an agreement authorizing one person, the agent, to act for another, the principal. For example an agent may negotiate and make contracts with third persons on behalf of the principal. Actions of an agent can obligate the principal to third persons. Actions of an agent may also give a principal rights against third persons.
An agency can be created for the purpose of doing almost any act the principal could do. However, there are some acts that must be done in person and cannot be done by an agent. Examples would be: testifying in court for another individual, making a will, and voting.
A general agent is authorized by the principal to transact all the affairs of a particular kind of business. For example, a person appointed as manager of a store is a general agent.
A special agent is authorized by the principal to handle a particular business transaction or perform a specific act. For example, a specific power of attorney appointing an agent (attorney-in-fact) to sell a particular piece of real estate or a certain car would be the appointment of a special agent.
A universal agent is authorized by the principal to do any act that can be delegated to a representative. An example would be giving a person a general power of attorney. This form is such a general power of attorney.
A Contra Costa California General Power of Attorney is a legal document that grants another person or entity the authority to act as an agent or attorney-in-fact on behalf of the person creating the power of attorney (known as the principal). This legal arrangement enables the agent to make various financial, legal, and personal decisions for the principal when they are unable or unavailable to do so themselves. The authority granted in a general power of attorney is broad and encompasses a wide range of decision-making powers. In Contra Costa, California, there are different types of General Power of Attorney that individuals can choose based on their specific needs and circumstances. Some of these variations include: 1. Durable Power of Attorney: A durable power of attorney remains in effect even if the principal becomes incapacitated or unable to make decisions. It ensures that the agent can continue to act on the principal's behalf during such situations. 2. Non-durable Power of Attorney: Unlike a durable power of attorney, a non-durable power of attorney expires if the principal becomes incapacitated or mentally incompetent. 3. Limited Power of Attorney: A limited power of attorney provides the agent with authority only over specific matters or for a set duration of time. This type of power of attorney is often utilized for specific transactions, such as property sales or business deals, where the principal wishes to delegate decision-making authority for a specific purpose. 4. Springing Power of Attorney: A springing power of attorney becomes effective only when a specific event or condition is met, as specified in the document. For example, it may come into effect if the principal becomes mentally incapacitated. 5. Financial Power of Attorney: A financial power of attorney grants the agent authority over financial matters, such as managing bank accounts, paying bills, handling investments, and filing tax returns, on behalf of the principal. 6. Medical Power of Attorney: A medical power of attorney (also known as a healthcare proxy) authorizes the agent to make medical decisions on the principal's behalf if they are incapable of doing so themselves. This type of power of attorney is typically used to ensure the principal's healthcare preferences and wishes are respected. It is important to note that the above examples are not an exhaustive list of Contra Costa California General Power of Attorney variations, and individuals should consult with an attorney to understand the specific requirements, limitations, and legal implications associated with each type.A Contra Costa California General Power of Attorney is a legal document that grants another person or entity the authority to act as an agent or attorney-in-fact on behalf of the person creating the power of attorney (known as the principal). This legal arrangement enables the agent to make various financial, legal, and personal decisions for the principal when they are unable or unavailable to do so themselves. The authority granted in a general power of attorney is broad and encompasses a wide range of decision-making powers. In Contra Costa, California, there are different types of General Power of Attorney that individuals can choose based on their specific needs and circumstances. Some of these variations include: 1. Durable Power of Attorney: A durable power of attorney remains in effect even if the principal becomes incapacitated or unable to make decisions. It ensures that the agent can continue to act on the principal's behalf during such situations. 2. Non-durable Power of Attorney: Unlike a durable power of attorney, a non-durable power of attorney expires if the principal becomes incapacitated or mentally incompetent. 3. Limited Power of Attorney: A limited power of attorney provides the agent with authority only over specific matters or for a set duration of time. This type of power of attorney is often utilized for specific transactions, such as property sales or business deals, where the principal wishes to delegate decision-making authority for a specific purpose. 4. Springing Power of Attorney: A springing power of attorney becomes effective only when a specific event or condition is met, as specified in the document. For example, it may come into effect if the principal becomes mentally incapacitated. 5. Financial Power of Attorney: A financial power of attorney grants the agent authority over financial matters, such as managing bank accounts, paying bills, handling investments, and filing tax returns, on behalf of the principal. 6. Medical Power of Attorney: A medical power of attorney (also known as a healthcare proxy) authorizes the agent to make medical decisions on the principal's behalf if they are incapable of doing so themselves. This type of power of attorney is typically used to ensure the principal's healthcare preferences and wishes are respected. It is important to note that the above examples are not an exhaustive list of Contra Costa California General Power of Attorney variations, and individuals should consult with an attorney to understand the specific requirements, limitations, and legal implications associated with each type.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
