Sample Format and Draft of Power of Attorney Form
POWER OF ATTORNEY
This Power of Attorney is made on this [Date]
BY:
[Name of the Principal], residing at [Address], hereinafter referred to as the "Principal," which expression shall, unless repugnant to the context or meaning thereof, include their heirs, legal representatives, administrators, and assigns.
TO:
[Name of the Attorney], residing at [Address], hereinafter referred to as the "Attorney," which expression shall include their executors, administrators, and legal representatives.
WHEREAS
- The Principal desires to appoint the Attorney to act on their behalf in matters as specified below.
- The Attorney has agreed to act and perform the responsibilities as stated herein.
NOW THIS POWER OF ATTORNEY WITNESSETH AS FOLLOWS:
1. Scope of Authority
The Principal hereby appoints the Attorney to act on their behalf, perform, and execute the following acts:
(a) [Specify acts: e.g., to manage real estate, file legal cases, attend court hearings].
(b) [Add any specific authorization, e.g., signing contracts or handling banking transactions].
2. Duration of the Power of Attorney
This Power of Attorney shall be valid from [Start Date] to [End Date] unless earlier revoked by the Principal through written notice.
3. Powers and Responsibilities of the Attorney
(a) The Attorney shall act in good faith and in the best interest of the Principal.
(b) The Attorney is authorized to represent the Principal in all negotiations, agreements, and related actions necessary to fulfill the specified tasks.
4. Indemnity Clause
The Principal agrees to indemnify the Attorney against any claims, losses, or damages arising out of actions taken in good faith under this Power of Attorney.
5. Revocation Clause
The Principal reserves the right to revoke this Power of Attorney by providing a written notice to the Attorney.
6. Jurisdiction
This Power of Attorney shall be governed by and construed in accordance with the laws of [Specify Country/State].
7. Signatures and Witnesses
IN WITNESS WHEREOF, the Principal and Attorney have executed this Power of Attorney on the day and year first above written.
Signed by Principal:
(Signature)
[Name of Principal]
Signed by Attorney:
(Signature)
[Name of Attorney]
Witnesses:
- Name:
Signature: - Name:
Signature:
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