what kind of power of attorney i need for a pawn shop

by Cordia Walker MD 7 min read

Pawn shops aren't required to accept a power of attorney, and from what I can tell most do not when originating a loan. Whatever you pawn, a pawn shop typically will accept a signed and notarized document from you stating that they are authorized to pick up the item.

How do pawn shops work?

Jun 15, 2006 · Do I Need an Attorney for a Pawnshop and Criminal Liability Issue? If you are associated with a pawnshop and are experiencing any of the requirements by law, or are being charged with violating the law regarding pawnshops, it is highly recommended for you to contact a business attorney .

What is a pawnshop liable for?

Nov 06, 2013 · Pawn shop will not accept power of attorney. I have my fathers poa and handle all monies. The pawn shop has very unscrupulous practices. They lied to me about an amount to remove fire arms and then that my father was the only one who could remove firearms. They have banned me from the store.

What happens if someone steals your property from a pawn shop?

WARNING: This is a generic power of attorney template built to meet the requirements of most but not all states. We strongly recommend using a state-specific form. POWER OF ATTORNEY IMPORTANT INFORMATION. This power of attorney authorizes another person (your agent) to make decisions concerning your

What is a power of attorney (POA)?

Jun 15, 2006 · A pawnshop is a business in which a person can get a loan of cash in exchange for handing over personal property of value, such as jewelry, to the pawn shop owner. The item of property is technically a kind of security for the loan. In reality, some borrowers never return to repay the loan and reclaim their property.

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What documents do you need for power of attorney?

Donor – Person Making The Power Of AttorneyAddress.Date of birth.Contact telephone number.Email address.Whether you want to make a Property and Affairs Lasting Power of Attorney or Health and Welfare Lasting Power of Attorney.

How do I get power of attorney?

How To Prepare Power Of Attorney OnlineSelect your State and start Preparing your Power of Attorney document.Fill the form and make payment online.Print the document and register it.

Do you need consent for power of attorney?

Can I get power of attorney without consent of the donor? No! This is similar to the situation of someone having lost their mental capacity. If someone is lacking in mental capacity, they can't make a valid decision to appoint you as attorney.Jan 13, 2021

What happens when a pawn shop loses your stuff?

If a pawnshop is negligent in losing or allowing the property to be stolen by a third person, then it is liable to the customer who gave the property to the pawn shop owner, if they want to pay off the loan and get their property back.Dec 17, 2021

What are the 4 types of power of attorney?

AgeLab outlines very well the four types of power of attorney, each with its unique purpose:General Power of Attorney. ... Durable Power of Attorney. ... Special or Limited Power of Attorney. ... Springing Durable Power of Attorney.Jun 2, 2017

Can I do power of attorney myself?

Some types of power of attorney also give the attorney the legal power to make a decision on behalf of someone else such as where they should live or whether they should see a doctor. In order to make a power of attorney, you must be capable of making decisions for yourself.

What three decisions Cannot be made by a legal power of attorney?

You cannot give an attorney the power to: act in a way or make a decision that you cannot normally do yourself – for example, anything outside the law. consent to a deprivation of liberty being imposed on you, without a court order.

What is the difference between power of attorney and lasting power of attorney?

An ordinary power of attorney is only valid while you have the mental capacity to make your own decisions. If you want someone to be able to act on your behalf if there comes a time when you don't have the mental capacity to make your own decisions you should consider setting up a lasting power of attorney.Jan 13, 2022

Who makes decisions if no power of attorney?

If you have not given someone authority to make decisions under a power of attorney, then decisions about your health, care and living arrangements will be made by your care professional, the doctor or social worker who is in charge of your treatment or care.Mar 30, 2020

Can someone else pick up my pawn loan?

Can someone else pick up my loan? No. You are the only person who can pick up the loan unless you give somebody a notarized letter authorizing them to pick up the loan on your behalf. However, anyone may make a payment on your pawn loan on your behalf as many times as needed.

Lee Alan Thompson

I agree with the answer of both Mr. Huddleston and Mr. Davis. Contact the state agency as suggested or just get an attorney to try to get it honored by sending a simple letter.

CL Huddleston III

By survey a few years ago at the Albany School of Law and Government, 92% of powers of attorney were found to be mis-used by agents ... sometimes innocently, sometimes intentionally. Accordingly, there are lots of business--including title companies and financial firms--that will refuse to honor them.

Kelly Scott Davis

If Ohio is like the rest of the country, it can be difficult to get anyone to honor a POA if they don't want to. The problem could be with your document itself. Contact the attorney who wrote it. If your father didn't use an attorney to prepare the document and he his still competent, he should go to an attorney and have a new POA prepared...

When Can a Pawnshop be Civilly Liable?

Generally speaking, a pawnshop can be civilly liable to a person who uses the store for a personal loan in three situations:

Pledge Contract

Some personal loans for personal property exchanges come with a pledge contract. A pledge contract means that a pawnshop must notify the former owner of the property if it is going to be offered for sale to the public.

Employee Theft

If an employee of a pawnshop steals property, the pawnshop is liable to the former owner of the property if they desire the property again.

Do I Need an Attorney for a Civil Liability Pawnshop Issue?

If you believe a pawnshop is civilly liable to you, or you own a pawnshop and someone else is cclaiming that you are civilly liable to them, it is highly recommended for you to contact a commercial lawyers. Only they will be able to explain the issues and help protect your rights.

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Pawnshops Law and Legal Definition

Pawnshops are in the business of lending money on the security of pledged goods left in pawn, or in the business of purchasing tangible personal property to be left in pawn on the condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time.

What is POA in real estate?

A Power of Attorney (POA) is a document in which a principal party appoints a fiduciary party to act on behalf of the principal party, typically in regard to legal affairs . The POA can be a useful tool in residential real estate transactions when a necessary party will be unavailable to execute documents prior to or attend the closing.

Where is POA recorded?

In almost all cases, the original POA has to be recorded in the county where the property is located . In order to be recorded, the POA presented must contain the original signature of the principal, and it must be notarized. A copy of an unrecorded POA usually will be insufficient to consummate a real estate transaction.

What is POA in trust?

If a Corporation, Company, LLC or Trustee of a trust is the entity in need of a substituted signer because the usual authorized signer will not be available, a POA may not be the appropriate document. When the principal party is a company or corporation, a Resolution by the members or shareholders is the appropriate document to appoint ...

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