This is a form signed by an individual who rents a safe deposit box granting permission for a another individual to have access to the same safe deposit box under certain circumstances.
Harris Texas Permission For Deputy or Agent To Access Safe Deposit Box
State:
Multi-State
County:
Harris
Control #:
US-PRM-32
Format:
Word;
Rich Text
Instant download
Description
How to fill out Permission For Deputy Or Agent To Access Safe Deposit Box?
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FAQ
Safe deposit boxes are protected by two keys: one that the bank gives you and another guard key that the bank keeps. Without these two keys available, the box cannot be opened. Losing your personal key will cost you both time and money, as the bank will have to arrange for a locksmith to drill the lock.
Safety deposit boxes are housed within a locked vault, which gives the outwards appearance of safety and assurance. Theoretically, contents in a safety deposit box are safe from being stolen and safe from the wear and tear that comes from keeping valuables out in the open. However, the Federal Deposit Insurance Corp.
(Remember, opening a safe deposit box requires two keys: the customer's and the bank's.) Key requires consumers to produce identification when they ask to open a box. If the box isn't yours, Reavis said, most banks would demand proof that you have a legal right to access the box.
This involves filing an application with the probate court. The probate courts routinely grant these requests. The probate court's order grants access to the safe deposit box and to ability to examine any papers in the box. The access is supervised by the bank personnel to ensure that assets are not taken from the box.
All safe deposit boxes have a bank master key lock and a customer lock--the master key only enables the customer key to open the door and, unless the thief has an impressioned customer key, there is no way that entry can be accomplished.
The reason being a deputy or agent role, much like a Power of Attorney, can be granted or revoked at any time, and this role is automatically terminated if you die. So, appointing a deputy or agent in the presence of bank employee offers proof that this decision is current and valid.
When a safe deposit box is rented, two keys are issued to the renter. Please note: the bank does not have or keep a copy of the key.
If a person seeking access to a safe deposit box doesn't have a key, and is not the administrator, they will be required to get special permission (called letters testamentary or letter of administration) from the probate court to get access. Of course, this will result in a lengthy delay and a needless headache.
There are two locks on each box. When you rent a safe deposit box, you receive one or two keys to one of the locks The bank keeps the key to the second. The keys to both locks are required for the box to be opened. Safe deposit boxes are available in a variety of sizes.
Every bank branch requires a signed signature card for each person (regardless of whether or not they have an account with the branch) who wants access to your safe deposit box. The people who attempt to access your box must sign their name before they enter the bank vault.
