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WARNING: This power of attorney will result in another person having full right to encumber your real and personal property and obligate you to a debt. This Power of Attorney for Finances form allows you to plan for future financial decision-making even if you are unable to make your own decisions.Grant authority to someone for a specific task. Without preplanning and proper documentation, the absence will delay the closing and could cost you the deal. The Power of Attorney. This resource provides information about using a Power of Attorney to allow someone else to manage your personal and financial affairs for you. Power to sell, power to buy, power to encumber with a loan). With lender approval, it can also be. O where the attorneyinfact has specific authority to encumber the Property and to obligate the Borrower. As a self-represented individual, you must independently determine if the forms and information are legally sufficient for North Dakota and for your specific.