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Form #702

Power of Attorney by Husband and Wife

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Power of Attorney by Husband and Wife - Free Legal Form

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Power of Attorney by Husband and Wife.

We, _________ and _________, husband and wife, who reside at _________[street address], in the city of _________, county of _________, state of _________ do constitute and appoint _________, who resides at _________[street address], in the city of _________, county of _________, state of _________, our true and lawful attorney in fact, for us in our name, place, and stead to do all or any of the following:

1. To exercise, do, or perform any act, right, power, duty, or obligation whatsoever that we now have or may acquire the legal right, power, or capacity to exercise, do, or perform in connection with, arising out of, or relating to any person, item, thing, transaction, business property, real or personal, tangible or intangible, or matter whatsoever.

2. To ask, demand, sue for, recover, collect, receive, and hold and possess all such sums of money, debts, dues, bonds, notes, checks, drafts, accounts, deposits, legacies, bequests, devises, interests, dividends, stock certificates, certificates of deposit, annuities, pension and retirement benefits, insurance benefits and proceeds, documents of title, choses in action, personal and real property, intangible and tangible property and property rights, and demands whatsoever, liquidated or unliquidated, as are now, or shall hereafter become due, owing, payable, owned, or belonging to or by us or in which we have or may acquire an interest, and to have, use, and take all lawful ways and means and legal and equitable remedies, procedures, and writs in our names for the collection and recovery of them, and to compromise, settle, and agree for the same, and to make, execute, and deliver for us and in our names all indorsements, acquittances, releases, receipts, or other sufficient discharges for the same.

3. To bargain, contract, and agree for; to purchase, receive, and take possession of; and to lease, let, demise, transfer, sell, exchange, assign, convey, encumber, and hypothecate lands, tenements, and hereditaments of whatever kind and nature, or any interest in them, on such terms and conditions, and under such covenants, as he [or she] shall deem fit.

4. To enter upon and take possession of such lands, buildings, tenements, and other structures, or parts of them, and collect and receive the rents, profits, or income from them, and to manage, repair, alter, or reconstruct all such buildings or structures.

5. To bargain and agree for; to buy, sell, exchange, mortgage, and hypothecate; and to deal in or with, goods, wares, merchandise, chooses in action, and any other property in possession or in action, or any interest in them.

6. To execute, sign, indorse, acknowledge, and deliver deeds, leases, assignments, transfers, covenants, agreements, hypothecations, mortgages, deeds of trust, reconveyances, releases and satisfactions of mortgages, judgments, and other debts, escrow instructions, notices, receipts, commercial paper, investment securities, bills of lading, warehouse receipts and other documents of title, security agreements and evidences of debt, and such other instruments in writing of whatever kind and nature as he [or she] may deem necessary and proper.

7. To insure or cause insurance to be taken on buildings, structures, goods, merchandise, and other commodities, or any part of them, at premiums and for any risk as he [or she] may deem proper.

The undersigned give and grant to the attorney in fact named full power and authority to do and perform every act and thing required or proper to be done in the exercise of any of the rights and powers granted, as fully to all intents and purposes as we might or could do if personally present, with full power of substitution or revocation and with full authority to deal with any property authorized whether held by us or either of us separately, severally, or jointly, ratifying and confirming all that our attorney in fact, or his [or her] substitute or substitutes, shall lawfully do or cause to be done by virtue of the authority granted here.

This instrument is to be construed and interpreted as a general power of attorney. The enumeration of specific items, acts, rights, or powers here does not limit or restrict, and is not to be construed or interpreted as limiting or restricting, the general powers granted here.

The rights, powers, and authority of the attorney in fact to exercise any and all of the rights and powers granted shall commence and be in full force and effect on [Date], and such rights, powers, and authority shall remain in full force and effect thereafter until _________[specify length of time, date of termination, contingency on which powers terminate, or method of termination such as by written notice].

In witness, we have duly executed this instrument [Date].

Contributed by
Vacuum Technologies LLC
 
Name of Firm Vacuum Technologies LLC
Total Forms Contributed 53
 

See All Vacuum Technologies LLC's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Comments

submitted 10/1/2008
by DavidMarshall  

"Jack from Seattle is right to comment on the length of this form. In fact, the courts will accept an agreement with single clause appointing a person with a general power of attorney. To be valid, all a contract every has to do is to say what the parties want in simple and unambiguous language. This allows you to put whatever you like into agreements. So long as what you want is legal, i.e. you are not going to break any laws, you will be bound by the contract. However, attorneys always like to justify their fees so impress clients with a general listing of everything they can think of falling under the heading of a general power of attorney. As a wizened old guy, I cut my teeth on encumbering and hypothecating property. None of this means there is anything wrong with this form. It is fine. There is simply an element of redundancy in all the examples of powers listed."
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Keywords: legal forms, family, husband, wife, power of attorney

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