Somerset County Personal Financial Power of Attorney Statutory Form Form (Maryland)

The following Maryland and Somerset County supplemental forms are included as a courtesy with your order:

When using these Personal Financial Power of Attorney Statutory Form forms, the subject real estate must be physically located in Somerset County. The executed documents should then be recorded in the following office:

Local jurisdictions located in Somerset County include:

• Crisfield
• Deal Island
• Ewell
• Manokin
• Marion Station
• Princess Anne
• Rehobeth
• Tylerton
• Upper Fairmount
• Westover

17-202. Statutory form - Personal financial power of attorney

Powers included;
Real property
Stocks and bonds
Banks and other financial institutions
Insurance and annuities
Claims and litigation
Taxes

17-101 (b)(1) "Agent" means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney--in--fact, or otherwise.
(2) "Agent" includes an original agent, coagent, successor agent, and a person to which an agent's authority is delegated.
This form allows for successor agents in the case an agent can't or won't act, co-agents (two or more agents) who are required to act together unanimously unless you otherwise provide in this form.

Included is an "Agents Certification Form" often required by third parties, when an agent acts on behalf of the principal.
17-101 (e) "Principal" means an individual who grants authority to an agent in a power of attorney.

Proper notary authentication.
17-110. Requirements
(a) A power of attorney executed on or after October 1, 2010, shall be:
(1) In writing;
(2) Signed by the principal or by some other person for the principal, in the presence of the principal, and at the express direction of the principal;
(3) Acknowledged by the principal before a notary public; and
(4) Attested and signed by two or more adult witnesses who sign in the presence of the principal and in the presence of each other.
(b) The notary public before whom the principal acknowledges the power of attorney may also serve as one of the two or more adult witnesses unless the notary public is using communication technology under 18--214 of the State Government Article to perform the notarial act for a remotely located principal.

(Maryland FPOA Package includes form, guidelines, and completed example) For use in Maryland only.

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The documents you receive here will meet, or exceed, the Somerset County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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