North Dakota Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor

State:
Multi-State
Control #:
US-01314BG
Format:
Word; 
Rich Text
Instant download

Description

If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be bound if the signature were on a simple contract. If the represented person is bound, the signature of the representative is the authorized signature of the represented person, and the represented person is liable on the instrument, whether or not identified in the instrument.

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FAQ

Race-Notice Statute. Under a race-notice statute, a later purchaser of an interest has the priority interest if the later purchaser is a bona fide purchaser and records the interest first in time. The bona fide purchaser cannot have constructive, actual, or inquiry notice of any other claim against the property.

Currently, Alaska, Arkansas, California, Colorado, District of Columbia, Georgia, Hawaii, Idaho, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Jersey, New York, North Dakota, Ohio (regarding mortgages, Ohio follows the race statute), Oregon, ...

47-19-19. The record of any instrument shall be notice of the contents of the instrument, as it appears of record, as to all persons.

Every pleading, written motion, and other paper must be signed by at least one attorney of record in the attorney's name or by a party personally if the party is self-represented.

The rules and restrictions for PoA forms are different by state; however, in North Dakota, your Power of Attorney will need to be acknowledged by a notary public.

A recording act that gives priority of title to the party that records first, but only if the party also lacked notice of prior unrecorded claims on the same property.

Race ? whoever records first will prevail. Notice ? a subsequent bona fide purchaser who lacks notice of an earlier interest will prevail. Race-notice ? a subsequent bona fide purchaser who lacks notice of an earlier interest AND records first will prevail.

A typical ?race-notice? statute will read something like this: ?No conveyance is valid against a subsequent bona-fide purchaser who has no notice of the original conveyance and who has recorded the deed to his conveyance first.?

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North Dakota Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor