A private document for a repeat customer took place at Starbucks Cherrydale, 3230 North Pleasantburg Drive, Greenville, South Carolina 29609. Although the signing was a private signing, there is still a lesson within regarding Powers of Attorney.
There is a well-known misconception that the ‘person’ who acts on behalf of another as their agent is called a ‘Power of Attorney.’ This is NOT true. A person who acts on behalf of another is their Agent or Attorney-in-Fact. Many get the name and the designation confused, which, if the confusion presents itself on a document, may be ruled invalid by the requesting party or in a court of law. Here is an example below:
Incorrect: Mannie Peddie by Janna Doughey, his POA
Correct: Mannie Peddie by Janna Doughey, his Attorney-in-Fact
In the case of initialing a document in which you are the Attorney-in-Fact, you are basically writing the same thing, however in ‘Initial form’.
Example: MP by JD, his AIF.
Whichever the case, if you are unsure about the way you are to sign a document, refer to the issuing agency, whether it be the signing company, title company or attorney’s office and know that you must not take any of the above information as legal advice nor advisement. To read more up on Powers of Attorney, Click HERE.
This signing was conducted at Starbucks at Cherrydale, 3230 North Pleasantburg Dr., Greenville, South Carolina 29609 and was conducted by GreenvilleNotary.com Owner and Notary Public Sonita M. Leak on Thursday, November 19, 2015.