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Condominium Owners Association (COA) A COA is the HOA version of condominiums. Owners of condominiums share the ownership of the grounds and the building among other condominium owners. Members of a COA can expect to pay a fee to assist with basic maintenance and repairs of the building and common areas.
A. A Power of Attorney (POA) is an authorisation given by a property owner in writing to another person to carry out property-related transactions on their behalf.
Under KRS 457.050, the principal must now sign in the presence of a notary public to create a valid POA. Under the prior law, a power of attorney could be executed with the principals signature in the presence of two disinterested witnesses.
a marriage or legal separation is filed, unless the power of attorney document provides otherwise. Just as under the present law, a power of attorney is not required by the new law to be recorded, unless it is being use to convey, release or transfer any interest in real estate.
A homeowner association (or homeowners association, abbreviated HOA, sometimes referred to as a property owners association or POA), or a homeowner community, is a private association-like entity often formed either ipso jure in a building with multiple owner-occupancies, or by a real estate developer for the purpose
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the attorney-in-facts authority under that power of attorney is continued, unless limited, superseded or terminated by the court or by the terms of the power of attorney or the attorney-in-fact dies, becomes incapacitated or resigns.
One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agents activities by anyone other than you, the principal. This can lend a hand to situations such as elder financial abuse and/or fraud.
A POA must be signed in the presence of two disinterested witnesses. This is a change from the prior law and uniform act, which do not require any witnesses.
A power of attorney (POA) is a document that allows you to appoint a person or organization to manage your affairs if you become unable to do so.
A general power of attorney gives your agent the ability to act on your behalf for financial matters. They can sign documents, pay bills, and conduct other financial decisions for you. You can use this even if youre not incapacitated but want additional help with your finances.

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