New Hampshire General Power of Attorney for Property
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How to fill out General Power Of Attorney For Property?
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FAQ
To set up a power of attorney, the principal and agent must fill out and sign a power of attorney form. In New Hampshire, powers of attorney for financial matters must abide by Chapter 564-E of the New Hampshire Statutes, also known as the Uniform Power of Attorney Act.
A General Power of Attorney can only be used with regard to your property and financial affairs. It cannot be used to authorise someone to make decisions concerning your personal welfare (this is not the case with a Lasting Power of Attorney, Health & Welfare).
A POA must be signed by the principal or by another person in the principal's presence and at the principal's direction, and acknowledged by a notary public. The agent is also required to sign the POA to acknowledge that they have been appointed as agent and understand their role.
As there are no prescribed forms that exist in our law when drafting a Power of Attorney, this document should be drawn up with the utmost care and diligence to protect both principle and agent.
Registration of power of attorney is optional In India, where the 'Registration Act, 1908', is in force, the Power of Attorney should be authenticated by a Sub-Registrar only, otherwise it must be properly notarized by the notary especially where in case power to sell land is granted to the agent.
Things to Include In POA For PropertyGrantor Details- The name, age, address and occupation of the person who grants the power (Grantor) should be mentioned first.Attorney Details- The name, age, father's name, address and occupation of the person to whom the power is granted (Attorney) should be described next.More items...
If you're aged 18 or older and have the mental ability to make financial, property and medical decisions for yourself, you can arrange for someone else to make these decisions for you in the future. This legal authority is called "lasting power of attorney".
'Power Of Attorney' is an authority given by an instrument by one person, called as the donor or principal, authorising another person, called donee or agent to act on his behalf. There may be possibility of giving 'Power Of Attorney' by two or more persons jointly to one or more persons.
When it is to be registered it should be presented at the sub-registrar's office with jurisdiction over the immovable property referred to in the document. Notarising a power of attorney is as good as registration . Section 85 of the Indian Evidence Act applies to the documents authenticated by a notary.
To complete the paperwork, the agent and the principal sign and date the durable power of attorney form. Don't forget that in New Hampshire, your form also needs to be notarized.