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Indiana Power of Attorney for Sale of Motor Vehicle

Indiana Bmv Power Of Attorney With Notary

Category:

Power of Attorney - Limited

State:

Indiana

Control #:

IN-P0100

Format:

Instant download

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Description

The Indiana BMV Power of Attorney with Notary is a legal instrument that allows an individual to authorize another person to sell or transfer ownership of a motor vehicle on their behalf. This form is beneficial for anyone who cannot be present to sign the necessary documents, like a bill of sale or title transfer. Users need to fill in their name, address, and the details of the vehicle being sold, including the make, model, and Vehicle Identification Number (VIN). This power of attorney grants the appointed Attorney-in-Fact the authority to complete all required actions for the sale, ensuring that all involved parties can act confidently. After completion, the document must be signed and notarized, confirming its legal standing. The form remains effective until revoked, providing ongoing protections for both the principal and the Attorney-in-Fact. This tool is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who facilitate transactions for clients or entities. The clear instructions and necessary components make it straightforward for legal professionals assisting in vehicle sales.

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How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

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FAQ

The rules vary in each state; however, in Indiana, your Power of Attorney will need to be signed by a notary public. If your agent(s) will engage in real estate transactions, the Power of Attorney will need to be signed before a notary and filed or recorded with the county.

Sec. 3. (a) Except as provided in subsection (b), an attorney in fact may act under a power of attorney without recording the power of attorney with the county recorder.

Please note that Indiana law has very specific requirements for a Power of Attorney to be valid. The member's signature must be witnessed and attested to by a Notary Public. The Notary Public must also sign the document along with their printed name and the notarial seal.

The Indiana motor vehicle power of attorney (Form 01940) is a form that allows an individual to delegate certain responsibilities regarding their vehicle to another person. These responsibilities include completing transactions involving the certificate of title and/or registration for a vehicle.

(d) A document creating a power of attorney must comply with recording requirements, including notary and preparation statements, to be recorded under this section.

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Power of Attorney for Sale of Motor Vehicle

Power of Attorney and Health Care - General - Indiana

Indiana Code Section 30-5-3-3.

(a) Except as provided in subsection (b), an attorney in fact may act under a power of attorney without recording the power of attorney with the county recorder.
(b) An attorney in fact shall record the power of attorney authorizing the execution of a document that must be recorded before presenting the document for recording.
(c) A county recorder may not accept a document for recording if the document:
(1) was executed; and
(2) is presented; by an attorney in fact whose power of attorney is unrecorded.
(d) A document creating a power of attorney must comply with recording requirements, including notary and preparation statements, to be recorded under this section.
(e) A document that is presented by an attorney in fact for recording must reference the book and page or instrument number where the instrument creating the power of attorney is recorded before the document may be presented by the attorney in fact.

Indiana Code Section 30-5-4-1:

To be valid, a power of attorney must meet the following conditions:

(1) Be in writing.
(2) Name an attorney in fact.
(3) Give the attorney in fact the power to act on behalf of the principal.
(4) Be signed by the principal in the presence of a notary public.

Indiana Code Section 30-5-4-2:

(a) Except as provided in subsection (b), a power of attorney is effective on the date the power of attorney is signed by the principal.
(b) A power of attorney may:
(1) specify the date on which the power will become effective; or
(2) become effective upon the occurrence of an event.

Indiana Code Section 30-5-4-3:

(a) Except as otherwise stated in the power of attorney, if more than one (1) attorney in fact is named, each attorney in fact may act independently of the other attorney in fact in the exercise of a power or duty.
(b) Except as otherwise stated in the power of attorney, if:
(1) more than one (1) attorney in fact is named; and
(2) one (1) attorney in fact fails to serve or ceases to serve; the remaining attorney in fact may continue to act under the power of attorney without a successor for the attorney in fact who failed to serve or ceased to serve.

Indiana Code Section 30-5-4-4:

(a) Except as stated otherwise in the power of attorney, an attorney in fact fails to serve or ceases to serve when:
(1) the attorney in fact dies;
(2) the attorney in fact resigns;
(3) the attorney in fact is adjudged incapacitated by a court;
(4) the attorney in fact cannot be located upon reasonable inquiry;
(5) the attorney in fact, if at one time the principal's spouse, legally is no longer the principal's spouse; or
(6) a physician familiar with the condition of the current attorney in fact certifies in writing to the immediate successor attorney in fact that the current attorney in fact is unable to transact a significant part of the business required under the power of attorney.
(b) Except as stated otherwise in the power of attorney, if the replaced attorney in fact reappears or is subsequently able to transact business, the successor attorney in fact shall remain as the attorney in fact.
(c) Except as otherwise stated in the power of attorney, an attorney in fact designated as a successor has the powers granted under the power of attorney to the original attorney in fact.

Indiana Code Section 30-5-4-5:

(a) Except as stated otherwise in the power of attorney, an attorney in fact is entitled to reimbursement of all reasonable expenses advanced by the attorney in fact on behalf of the principal.
(b) Except as otherwise stated in the power of attorney, an attorney in fact is entitled to a reasonable fee for services rendered. The attorney in fact shall, not later than twelve (12) months after the date the service is rendered, notify the principal in writing of the amount claimed as compensation for rendering the service.

Power of Attorney for Sale of Motor Vehicle

Power of Attorney and Health Care - General - Indiana

Indiana Code Section 30-5-3-3.

Indiana Code Section 30-5-4-1:

To be valid, a power of attorney must meet the following conditions:

(1) Be in writing.
(2) Name an attorney in fact.
(3) Give the attorney in fact the power to act on behalf of the principal.
(4) Be signed by the principal in the presence of a notary public.

Indiana Code Section 30-5-4-2:

Indiana Code Section 30-5-4-3:

Indiana Code Section 30-5-4-4:

Indiana Code Section 30-5-4-5:

Indiana Bmv Power Of Attorney With Notary

Description

Related forms

Viewed forms

How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

Form popularity

FAQ

How do I file a power of attorney in Indiana?

Does a power of attorney need to be recorded in Indiana?

Does a POA need to be notarized in Indiana?

What is a power of attorney for a motor vehicle in Indiana?

Does a POA need to be recorded in Indiana?

Trusted and secure by over 3 million people of the world’s leading companies

Indiana Bmv Power Of Attorney With Notary

Description

Related forms

Viewed forms

How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

Form popularity

FAQ

How do I file a power of attorney in Indiana?

Does a power of attorney need to be recorded in Indiana?

Does a POA need to be notarized in Indiana?

What is a power of attorney for a motor vehicle in Indiana?

Does a POA need to be recorded in Indiana?

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