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The object of having a witness is to have an objective party who can attest to the transaction if the contract should be challenged or breached. Having a close relative as your witness may make the contract vulnerable. You should consult with your attorney.

The object of having a witness is to have an objective party who can attest to the transaction if the contract should be challenged or breached. Having a close relative as your witness may make the contract vulnerable. You should consult with your attorney.

The object of having a witness is to have an objective party who can attest to the transaction if the contract should be challenged or breached. Having a close relative as your witness may make the contract vulnerable. You should consult with your attorney.

The object of having a witness is to have an objective party who can attest to the transaction if the contract should be challenged or breached. Having a close relative as your witness may make the contract vulnerable. You should consult with your attorney.

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11y ago

The object of having a witness is to have an objective party who can attest to the transaction if the contract should be challenged or breached. Having a close relative as your witness may make the contract vulnerable. You should consult with your attorney.

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Q: Can your father act as a witness in signing a lease contract if you are the owner of the apartment?
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Does power of attorney give you the right to secure a mortgage loan in your fathers name?

Yes, if the mortgage is for your father's benefit, if he approved it and the money will be used on his property. A POA doesn't give you any 'rights' per se, it gives you the authority to act on behalf of another person, the principal. You cannot engage in any transactions that benefit you by signing your father's name. A Power of Attorney is not granted for your benefit. You have been granted the power to sign for your father in his legal matters and at his direction. You cannot use that power to benefit yourself unless it is at the express request of your father. If you use your power to create a debt in your father's name without his permission and intended to benefit you, you can be prosecuted. The law does not look kindly on people who misuse their fiduciary powers and positions of trust.


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