Kansas Secure Power of Attorney
This Power of Attorney is hereby made this day of [DATE], by and between [YOUR NAME], located at [YOUR COMPANY ADDRESS]. (hereinafter known as the "Principal") and [AGENT'S NAME], located at [AGENT'S ADDRESS] (hereinafter known as the "Attorney-In-Fact)."
I. Appointment of Attorney-in-fact
I, [YOUR NAME], as Principal, appoint [AGENT'S NAME] as my Attorney-In-Fact to exercise the powers and discretions described and limited herein.
II. Purpose
This Power of Attorney is created to grant authority to [AGENT'S NAME] to act on behalf of [YOUR NAME] in financial matters, including but not limited to managing financial accounts, executing real estate transactions, handling loan and mortgage matters, overseeing bill payments and financial obligations, and managing taxation and financial reporting. This authority is granted by the requirements outlined in the Kansas Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) and the Federal Uniform Power of Attorney Act.
III. Roles and Responsibilities Transferred to the Agent
Financial Management: The Agent is hereby authorized to manage, access, and make decisions regarding all financial accounts, investments, and assets owned by the Principal. This includes but is not limited to bank accounts, brokerage accounts, and retirement accounts.
Real Estate Transactions: The Agent is empowered to execute, negotiate, and manage real estate transactions on behalf of the Principal. This authority extends to buying, selling, leasing, mortgaging, or otherwise dealing with real property owned by the Principal.
Loan and Mortgage Matters: The Agent is authorized to apply for, negotiate, and enter into loan agreements, including mortgages and lines of credit, on behalf of the Principal. This includes the authority to sign all necessary documents and contracts related to such transactions.
Bill Payment and Financial Obligations: The Agent is responsible for managing the payment of bills, expenses, and financial obligations on behalf of the Principal. This includes ensuring that all debts and financial commitments are met promptly.
Taxation and Financial Reporting: The Agent is authorized to prepare, sign, and file tax returns, documents, and forms on behalf of the Principal. Additionally, the Agent may represent the Principal in all tax matters before government agencies and authorities.
IV. Signature Section
The Agent accepts the responsibilities outlined in this Power of Attorney and agrees to act in the best interests of the Principal.
Principal:
[YOUR NAME]
Agent:
[AGENT'S NAME]
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Power of Attorney in our presence on the date stated above.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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