Re: Recording Power of Attorney Doc - Posted by Michael Morrongiello
Posted by Michael Morrongiello on March 03, 2000 at 13:04:09:
It is not absolutely necessary for a POA to be recorded however if a document was executed by someone acting as “attorney in fact” for the party to be bound a title company might call for the actual POA document to be recorded so that future questons surrouding the validity of the document are not questionable
TIP: when obtaining a POA get more than one original executed so that in the event one has to be recorded you still have another original available to you while you wait for the recorded copy to be returned.
I’m not sure why a bank would require you to provide them a POA if you were reinstating a loan account?