Tennessee General Power of Attorney for Vehicle

State:
Multi-State
Control #:
US-04099BG-1
Format:
Word; 
Rich Text
Instant download

Description

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.
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FAQ

A general POA is acceptable for motor vehicle transactions at DMV offices if the POA refers to transactions for all of the "chattels and goods" of the principal. An automobile dealer or employee of any automobile dealer cannot use a general POA to transfer a vehicle.

For your POA to be valid in Tennessee, it must meet certain requirements.Mental Capacity for Creating a POA.Notarization Requirement.Create the POA Using a Form, Software or an Attorney.Sign the POA in the Presence of a Notary Public.Store the Original POA in a Safe Place.Give a Copy to Your Agent or Attorney-in-Fact.More items...

Both parties involved will need to complete the Affidavit of Non-Dealer Transfer of Motor Vehicles form available through the Tennessee Department of Revenue's website. This form asks for the following information: Type of vehicle transfer (gift or lineal relative) Contact details and identification for both parties.

How to WriteDate the execution of the document in mm/dd/yyyy format.Principal's full name.AND.Agent's full name.AND.Name of the Business.Business Street Address.City.More items...

Tennessee law requires a durable power of attorney to be either signed before two witnesses or signed and notarized in order to be valid. It also must specifically state its authorization to make health care decisions.

By gifting a vehicle in Tennessee, you may receive some tax exemptions, but you will still have to complete the transfer paperwork and pay the associated fees. Much of the process for gifting a vehicle is the same as the buying process in Tennessee, except the circumstances are usually way more exciting!

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.

In the event of medical incapacitation, usually a family member will be called upon to make any important decisions in the absence of a power of attorney. In this situation, difficulties can arise if there is more than one family member and they differ on the course of medical action.

Affidavit of Non-Dealer Transfers (For gift, low selling, or lineal relative vehicle transfers)...Titling a Vehicle (Current Residents)proof of identification and proof of residency.manufacturer's Statement of Origin;new vehicle's invoice; and.copy of current registration if transferring your license plate.

If your agent will manage real estate transactions, the Power of Attorney will need to be signed by a notary and filed or recorded with your county.

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Tennessee General Power of Attorney for Vehicle