Form F-00036 - Designation Of Agent Page 9
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15APPENDIX
Power of Attorney for Finances and Property
Statutory Authority Definitions
(6) Use, develop, alter, replace, remove, erect, or
244.44 Real property. Unless the power of
install structures or other improvements upon real
attorney otherwise provides, language in a power of
property in or incident to which the principal has, or
attorney granting general authority with respect to
claims to have, an interest or right.
real property authorizes the agent to do all of the
following:
(7) Participate in a reorganization with respect to
real property or an entity that owns an interest in or
(1) Demand, buy, lease, receive, accept as a gift or
right incident to real property and receive, hold, and
as security for an extension of credit, or otherwise
act with respect to stocks and bonds or other
acquire or reject an interest in real property or a
property received in a plan of reorganization,
right incident to real property.
including by doing any of the following:
(2) Sell; exchange; convey with or without
(a) Selling or otherwise disposing of the stocks,
covenants, representations, or warranties; quit
bonds, or property.
claim; release; surrender; retain title for security;
encumber; partition; consent to partitioning; subject
(b) Exercising or selling an option, right of
to an easement or covenant; subdivide; apply for
conversion, or similar right with respect to the
zoning or other governmental permits; plat or
stocks, bonds, or property.
consent to platting; develop; grant an option
(c) Exercising any voting rights in person or by
concerning; lease; sublease; contribute to an entity
proxy.
in exchange for an interest in that entity; or
(8) Change the form of title of an interest in or right
otherwise grant or dispose of an interest in real
incident to real property.
property or a right incident to real property.
(9) Dedicate to public use, with or without
(3) Pledge or mortgage an interest in real property
consideration, easements or other real property in
or right incident to real property as security to
which the principal has, or claims to have, an
borrow money or pay, renew, or extend the time of
interest.
payment of a debt of the principal or a debt
guaranteed by the principal.
(4) Release, assign, satisfy, or enforce by any
244.45 Tangible personal property. Unless the
lawful means a mortgage, deed of trust, conditional
power of attorney otherwise provides, language in a
sale contract, encumbrance, lien, or other claim to
power of attorney granting general authority with
real property which exists or is asserted.
respect to tangible personal property authorizes
the agent to do all of the following:
(5) Manage or conserve an interest in real property
or a right incident to real property owned or claimed
(1) Demand, buy, receive, accept as a gift or as
to be owned by the principal, including by doing any
security for an extension of credit, or otherwise
of the following:
acquire or reject ownership or possession of
tangible personal property or an interest in tangible
(a) Insuring against liability or casualty or other
personal property.
loss.
(2) Sell; exchange; convey with or without
(b) Obtaining or regaining possession of or
covenants, representations, or warranties; quit
protecting the interest or right by litigation or
claim; release; surrender; create a security interest
otherwise.
in; grant options concerning; lease; sublease; or
(c) Paying, assessing, compromising, or contesting
otherwise dispose of tangible personal property or
taxes or assessments or applying for and receiving
an interest in tangible personal property.
refunds in connection with taxes or assessments.
(d) Purchasing supplies, hiring assistance or labor,
and making repairs or alterations to the real
property.
Page 1
Power of Attorney for Finances Appendix – Statutory Authority Definitions
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