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Power of Attorney - Form
Attorney-in-fact - Definition



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This form may have legal and tax implications.
You should consult with an attorney or professional about any such concerns.

Introduction


A power of attorney will authorize an individual or organization to execute forms, instruments, and documents on someone else's behalf. This particular version is designed specifically for vessel titling, registration, and documentation purposes. It will allow an appointed agent to issue, correct, or supplement any items that may be required to accomplish these types of recordings. It is typically  utilized in the boating industry by title agents, closing agents, lenders, dealers, and brokers.

Format


The form is provided in Microsoft Word in order to facilitate any changes to its structure or textual content. It is also fielded and tabbable for your convenience. In making any non-fielded alterations, it will be necessary to select the "Unprotect" option from the "Tools" menu of your application. It can thereafter be protected again as a form to regain the fielding.

Instructions


Insert all known identification numbers into the Vessel Description section. The Grantor and Grantee legal names should be clearly stated along with the respective addresses. The Grantor should then make sure the language is suitable for the purposes intended. The form can be modified providing this is implemented before final execution. It then should be signed in the presence of a Notary Public to ensure its acceptance by most recording agencies.

Conclusion


As a convenience factor, the power of attorney can be quite effective. This is especially true when there is a considerable distance among the parties to a transaction.


Credits and References

3/7/2022 - Initiated by Team BoatWiki.




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