Special Power of Attorney For Car Loan
Special Power of Attorney For Car Loan
I, the undersigned, [YOUR NAME] of legal age, and presently residing at [YOUR COMPANY ADDRESS], do hereby designate and appoint [AGENT'S NAME], of legal age, and presently residing at [AGENT'S CURRENT ADDRESS], as my attorney-in-fact to act in, manage, and conduct all my affairs in relation with my car loan with the financial institution [FINANCIAL INSTITUTION'S NAME] and do any or all of the following:
I. Scope of Authority
The agent is authorized to represent me in all matters related to the car loan application process, including but not limited to:
-
Completing and submitting the necessary loan application forms.
-
Providing any required documentation, such as proof of income, identification, and vehicle information.
-
Communicating with the lender or financial institution on my behalf regarding the loan application.
-
Signing all documents related to the car loan application process, including the loan agreement and any related disclosures.
II. Limited Availability
As the borrower, if I am unable to personally visit the lender or financial institution to complete the car loan application process due to geographical constraints or other reasons, I hereby authorize the agent to act as my representative in my absence.
III. Responsibilities of the Agent
The agent shall act diligently and in my best interests when representing me in matters related to the car loan application process. They shall provide accurate information to the lender or financial institution and ensure that all required documentation is submitted promptly.
IV. Validity and Duration
This special power of attorney shall remain in effect solely to apply for and obtain a car loan from the specified lender or financial institution. It shall expire upon the successful completion of the car loan application process or written revocation by me.
Principal:
[Your Name]
Agent:
[Agent's Name]
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, certify that [Your Name] and [Agent's Name] have signed this Special Power of Attorney For Car Loan in our presence, and we believe them to be of sound mind and acting of their own free will.
Witness 1:
[Witness 1 full name]
[Date]
Witness 2:
[Witness 2 full name]
[Date]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
My Commission Expires:
