Agency Power of Attorney
Agency Power of Attorney
I, [Your Name], residing at [Your Company Address], hereby appoint [Agent's Full Name], residing at [Agent's Address], as my lawful attorney-in-fact to act on my behalf in all legal matters as detailed herein, effective from the date of execution of this document.
I. Purpose
The purpose of this Agency Power of Attorney is to authorize the Agent to handle legal matters on behalf of the Principal, including but not limited to signing contracts, managing real estate, and representing the Principal in legal proceedings.
II. Authority Granted
I grant my Agent full and comprehensive authority to perform the following actions on my behalf:
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Signing contracts and agreements related to any lawful business or personal matters.
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Managing and transacting any real estate owned by me, including buying, selling, leasing, mortgaging, or otherwise dealing with real property.
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Representing me in legal proceedings, including but not limited to court hearings, negotiations, arbitrations, and mediations.
III. Limitations
This Agency Power of Attorney shall not authorize the Agent to perform any actions beyond the scope of the legal matters outlined herein. Furthermore, the Agent shall not have authority to make decisions regarding matters unrelated to legal affairs without explicit written consent from the Principal.
IV. Duration
This Agency Power of Attorney shall remain in effect indefinitely unless revoked by the Principal in writing or terminated due to any other legal means. However, in the event of the Principal's incapacitation or death, this Power of Attorney shall automatically terminate.
V. Accountability
The Agent shall exercise the authority granted herein with the utmost care, and diligence, and in the best interests of the Principal. The Agent shall keep accurate records of all transactions and actions taken on behalf of the Principal and shall provide periodic reports upon request.
VI. Revocation
The Principal reserves the right to revoke this Agency Power of Attorney at any time by providing written notice to the Agent. Upon receipt of such notice, the Agent's authority shall cease immediately, and any third parties who have relied upon this Power of Attorney shall be duly notified.
VII. Governing Law
This Agency Power of Attorney shall be governed by the laws of [Insert Jurisdiction], and any disputes arising hereunder shall be resolved by the laws of said jurisdiction.
IN WITNESS WHEREOF, I have executed this Agency Power of Attorney on [Date] at [Location].
Principal:
[Your Name]
Agent:
[Agent's Full Name]
Witness Acknowledgement
We, the undersigned witnesses, certify that [Your Name] has signed this Agency Power of Attorney in our presence.
Witness 1:
[Witness 1 full name]
Witness 2:
[Witness 2 full name]
Notary Acknowledgement
On this [Insert Date], before me, a Notary Public, personally appeared [Your Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he/she executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public Name]
My Commission Expires: [Insert Date]
