Every day I get questions in my email and I do my best to answer them. It is tough being one person trying to help so many people. But, I do my best to help when I can and I really wouldn’t have it any other way.
I am going to start posting these Q&A’s that happen behind the scenes because I am sure that is could assist many people who may have the same question. So, in the spirit of paying it forward and my ongoing effort to help everyone that I can, I will start posting some of these exchanges here on my blog for everyone to read and learn.
Question:
Moe,
What is the difference between the Client Signature Authorization and the Power of Attorney. When is one used versus the other?
Thanks,
Lawyer
My Answer:
A client authorization is a letter or form that used in the mortgage and real estate industry usually by borrowers representative to speak with their lenders, escrow, appraisers etc about their loans and property. It allows limited scope to speak and exchange communications and does not give the representative to power make decisions or sign legal paperwork in behalf of the client.
A power of attorney would do all the above and allow to make decisions and sign for the client.
I hope that helps.
Best Regards,
Moe Bedard




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