This form is a durable power of attorney. The form provides that the agent of the principal is only authorized to use the principal's funds for the best interest of the principal. If the agent fails to comply with principal's instructions, the agent then may be liable for criminal charges or civil liability.
Arizona Power Of Attorney Form Dmv
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How to fill out Arizona Durable Power Of Attorney?
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FAQ
Does a Power of Attorney have to be recorded? It does not have to be recorded immediately after you sign it. If your Agent has to handle a real estate transaction for you, the Power of Attorney will need to be recorded at the time of the transaction.
For a durable power of attorney to be valid in Arizona, it must: be in writing; be signed by an adult as principal; clearly identify another adult as agent; specify whether the power is effective when the principal signs it or state that it becomes effective if the principal is later disabled or incapacitated;
An Arizona vehicle power of attorney (Form 48-1001), offered by the Arizona Department of Motor Vehicles (DMV), allows a principal to grant an agent the power to take and transfer titles of any vehicles owned by the principal.
An Arizona durable power of attorney must be signed with the principal and one (1) witness in the presence of a notary public. The witness cannot be the agent, the agent's spouse, the agent's children, or the notary public (ARS § 14-5501(D)(3)).
Power of Attorney Requirements in AZ Be of sound mind. Make your POA in writing. POA must be signed in front of a notary public and a witness. Record the POA at public record.