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Fill and Sign the Durable Power Attorney Maine Form

Fill and Sign the Durable Power Attorney Maine Form

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LIMITED DURABLE POWER OF ATTORNEY ___________________________ TO ___________________________ Warning: This is an important legal document. Before executing as principal or acting under this instrument as agent, you should consider the following: Notice to the Principal: As the "Principal" you are using this power of attorney to grant power to another person (called the Agent) to make decisions about your property and to use your property on your behalf. Under this power of attorney you give your Agent broad and sweeping powers to sell or otherwise dispose of your property without notice to you. Under this document your Agent will continue to have these powers after you become incapacitated. The powers that you give your Agent are explained more fully in the Maine Uniform Power of Attorney Act, Maine Revised Statutes, Title 18-A, Article 5, Part 9. You have the right to revoke this power of attorney at any time as long as you are not incapacitated. If there is anything about this power of attorney that you do not understand you should ask a lawyer to explain it to you. Notice to the Agent: As the "Agent" you are given power under this power of attorney to make decisions about the property belonging to the Principal and to dispose of the Principal's property on the Principal's behalf in accordance with the terms of this power of attorney. This power of attorney is valid only if the Principal is of sound mind when the Principal signs it. When you accept the authority granted under this power of attorney a special legal relationship is created between you and the Principal. This relationship imposes upon you legal duties that continue until you resign or the power of attorney is terminated or revoked. The duties are more fully explained in the Maine Uniform Power of Attorney Act, Maine Revised Statutes, Title 18-A, Article 5, Part 9 and Title 18-B, sections 802 to 807 and Title 18-B, chapter 9. As the Agent, you are generally not entitled to use the Principal's property for your own benefit or to make gifts to yourself or others unless the power of attorney gives you such authority. If you violate your duty under this power of attorney you may be liable for damages and may be subject to criminal prosecution. You must stop acting on behalf of the Principal if you learn of any event that terminates this power of attorney or your authority under this power of attorney. Events of termination are more fully explained in the Maine Uniform Power of Attorney Act and include, but are not limited to, revocation of your authority or of the power of attorney by the Principal, the death of the Principal or the commencement of divorce proceedings between you and the Principal. If there is anything about this power of attorney or your duties under it that you do not understand you should ask a lawyer to explain it to you." ________________________ of ________________________ , Maine, does hereby make, constitute and appoint ________________________ of ________________________ , Maine, my true and lawful Attorney-In-Fact, for me and in my name and stead, to act in my behalf and for my benefit on all matters affecting or relating to the sale of the property located at ______________________________ , Maine. 1. I grant to my said Attorney-In-Fact full authority to execute, acknowledge and deliver any contracts, deeds, leases, closing statements, affidavits or any other closing documents required with respect to the referenced property. 2. I grant unto my said Attorney full authority to generally do, transact and finish all matters relating to the premises, an fully, as I, if present, might personally accomplish, and I hereby ratify and hold firm and valid all and whatsoever my said Attorney shall lawfully do or cause to be done. 3. This power shall not be affected by my disability, and the enumerated powers herein are not intended to limit my Attorney In-Fact but to indicate granting of the authority to do every necessary thing which I could do with respect to said property 4. This Power of Attorney shall expire on ________________________ . I hereunto set my hand this ______ day of ______ , 20 ______ . ___________________________ __________________________________ Witness STATE OF ________________________ ________________________ COUNTY, SS. Personally appeared the above named ________________________ , personally known to me or proved by satisfactory evidence to be the person subscribing above, and acknowledged the foregoing instrument to be his free act and deed. Before me, __________________________________ Notary Public __________________________________ Printed Name

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