answersLogoWhite

0

it means price on application...this is usually used for luxury properties and they will mostly be very expensive

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Accounting

Can a POA for someone endorse a check for them and then deposit the check into the POA's account?

cAN A poa NAME THEMSELVES AS A BENEFICARY


Can a poa change the beneficiary on an account in the bank?

A power of attorney (POA) generally allows an agent to manage financial matters on behalf of the principal, including bank accounts. However, whether a POA can change a beneficiary on an account depends on the bank's policies and the specific language of the POA document. Some banks may restrict this authority, considering beneficiary designations as non-transferable. It’s essential to check with the bank and review the POA to determine the agent's specific powers.


What can be done if an individual who has Power of Attorney is misusing the credit cards of the POA grantor?

Why do they "know" they won't be held responsible? They believe the person who issued the POA will never find out, or ...? Being given a POA is not a license to steal/self-deal. One has a fiduciary duty to the person who issued the POA. * A POA becomes null and void upon the death of the grantor. When the deceased estate is probated any misuse of funds or mishandling of property will be discovered upon the auditing of the estate. A person abusing POA authority can be held directly responsible for such actions and said acts could result in both criminal and civil penalties.


If you become power of attorney for a deceased sibling can you be held responsible for their debt?

No. There seems to be some confusion as a POA becomes null and void upon the death of the grantor. However, the POA grantee is never responsible for the debt of the grantor beyond said grantor's financial assets.


What does rebates mean?

to reduct or return an amount from a payment or bill