Posted by Ciera on 8/17/05 8:13pm
Msg #59771

Limited Power of Attorney

I have a signing tomorrow and in the docs there is one that says Correction Agreement-Limited Power of Attorney. Well it says this instrument was acknowledged before me on (date) by,. What do I put in the by the section?

Reply by Sylvia_FL on 8/17/05 9:02pm
Msg #59786

By whoever is signing the document.

Reply by Ciera on 8/17/05 9:43pm
Msg #59793

Thats the borrowers

Reply by Sylvia_FL on 8/17/05 11:19pm
Msg #59816

So, it is their signatures you are notarizing

so acknowledged before me on (date) by John d Doe and Jane D Doe.

Reply by Ciera-PA on 8/17/05 11:35pm
Msg #59818

This is the first loan that I have had to notarize a Correction Agreement Limited Power Attorney. The borrowers signed above by where it says In witness whereof, the undersigned have executed this limited power of attorney as of the date and year first above referenced. The it has the borrower names below and they have to sign. THen it says state of county of (I know this info) then it says this instrument was acknowledged before me on (the date) by, (bland line) then below it has notary public, my commission expires.

Reply by ideal1 on 8/18/05 1:07am
Msg #59829

At face value, and not having the document in front of me, I would assume that it reads as follows: (assuming the borrower's names are John Doe and Jane Doe)

IN WITNESS WHEREOF:

The undersigned have executed this Limited Power of Attorney as of the date and year first referenced.


_________________ _______________________
John Doe Jane Doe


State Of:_________

County Of:_______________

This instrument was acknowledged before me on (Insert date of acknowledgement) by, (Insert John Doe and Jane Doe).

_______________
Notary Public

My Commissiion Expires: __________

THIS IS NOT ADVISE BUT HOW I WOULD HANDLE IT IF IT WAS AS ABOVE.

I would fill in the info as stated. However, sometimes they don't give me enough room to enter both names on the blank line. In these cases, I line out the notarial wording, initial the line out, Write "See Attached Document" and attach an All Purpose Acknowledgement. Every once in a while, I notice that they have made a typo or major gramatical error in the notorial wording (e.g. "Before me personally appeared _________ a Notory Public") in which case I follow the above correction procedure.

Hope this helps ;)

Reply by Ciera on 8/18/05 8:36am
Msg #59854

Thank you ideal1 I eventually this is what I figured out. But I'm glad you replied because I was still hesitant.


Thank you for the advice also. I love this site because you get quick responses and good answers.........