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What does the legal phrase notice to agent is notice to principal --- notice to principal is notice to agent mean?
"It means absolutely nothing. It's an official-sounding piece of gibberish with no actual legal standing at all.
100% of the time, it's used by people copying template documents from other people on the Web (no actual notice drafted by any actual lawyer will ever use this phrase). Not coincidentally, it's only ever found in connection with "sovereign citizen" or "freeman on the land" cases, almost always where someone is trying to get out of paying a debt, to avoid taxes or to withdraw from the court system.
The (incorrect) idea is that by putting this phrase at the top of your document, you have unlocked a secret loophole, and you are now providing all the necessary notice to all interested parties, and also effectively preventing them from ever being able to bother you again, since you've already pre-emptively answered all their questions. (Quite often, it's paired with some sort of ridiculous ultimatum if the recipient continues to pester you - "any further correspondence will be treated as acceptance of these terms and charged at five million pounds/dollars" or similar).
Needless to say, it never works. It has no effect whatsoever, and is utterly meaningless."
_________ ____ ___ __ _
The above answer is very biased, if not slander... which would have one question whether the person who supplied the answer is in fact employed by the failing creed of greed?
This "gibberish" he/her speaks in reference of is at its heart the Federal Reserve Act of 1913.
According to the California Law Review, Vol. 1, No. 5, July., 1913,
'It is well settled that notice to the agent acting within the course of his employment and scope of his authority is notice to his principal.'
What else can I help you with?
What is the legal document in which principal sets forth the authority and duties of his agent?
It is referred to as an "agency agreement."
What is the apparent authority of an insurance agent?
Apparent authority is a legal concept pursuant to which an agent can be found to have bound a principal (master) despite not having the actual authority to do so. If the principal gives to the agent certain indicia of authority (for example, business cards, a title, etc) that would lead a reasonable person to believe that the agent has the authority to bind the principal, and the principal did nothing to countermand it, the principal may be bound by the acts of the agent. This theory, put into the context of an insurer/insurance agent, is what is meant by the term.
When can a power of attorney not sign for the agent?
A power of attorney cannot sign for the agent when the agent is required to act personally, such as in cases involving the agent's own legal matters, or when specific legal documents or actions mandate the principal's direct signature. Additionally, if the principal is incapacitated and the power of attorney does not explicitly grant the authority to act under such circumstances, the agent cannot sign. Furthermore, if the power of attorney has been revoked or is no longer valid, the agent loses the authority to sign on behalf of the principal.
Who is the principle in real estate?
Principal is a legal term. The principal is the person or entity who hires another(via contract) to perform a task on the principal's behalf. These people are called agents. Therefore: Homeowner= Principal hires the... Real estate "Agent"
Who is the principal on power of attorney?
The principal is the person granting the power of attorney. The grant is valid until revoked or the person dies.
What is the purpose of a power of attorney and how does it empower someone to act on behalf of another individual?
A power of attorney is a legal document that allows one person (the agent) to make decisions and take actions on behalf of another person (the principal). The purpose of a power of attorney is to give the agent the authority to manage the principal's affairs, such as handling financial matters or making medical decisions, when the principal is unable to do so themselves. This empowers the agent to act in the best interests of the principal and carry out their wishes.
Who may be appointed as agent?
An agent may be appointed by any individual or entity with the legal capacity to enter into a contract, including individuals, corporations, or organizations. The principal must have the authority to delegate the task or decision-making power to the agent. The agent can be a person or a legal entity, and the appointment can be formal, through a written agreement, or informal, based on the actions and consent of the parties involved.
What does notice is herby given mean?
The phrase "notice is hereby given" is often used in legal or formal contexts to indicate that a specific announcement or notification is being officially communicated. It signifies that the information provided is meant for the attention of the relevant parties and may carry legal implications. This phrase is typically found in documents like public notices, meeting announcements, or legal proceedings.
What is required to form an agency?
To form an agency, there must be a clear agreement between the principal (the party granting authority) and the agent (the party acting on behalf of the principal). This relationship typically requires mutual consent, where the agent is authorized to act on behalf of the principal in specific matters. Additionally, the agent must have the legal capacity to enter into contracts, and the agency's purpose should be lawful. Proper documentation, such as an agency agreement, can help clarify the terms and responsibilities of both parties.
What instrument containing an authorization for one to act as the agent for another is called a?
A power of attorney is a legal document that authorizes one person to act on behalf of another as their agent. The person granting the power of attorney is known as the principal, while the person authorized to act is the agent.
How do you remove yourself as a Power of Attorney?
You need to contact law enforcement (who may not actually be able to assist you) and the court system ASAP. I STRONGLY suggest that you contact an attorney to help you, as I believe that you could be in for a long and nasty struggle.
Can a poa give away money to other people that is for the person they are taking care of?
A power of attorney (POA) generally allows an agent to manage the financial affairs of the principal, including making decisions about their money. However, the agent cannot give away the principal's assets or money to others unless explicitly authorized to do so in the POA document. The agent must act in the best interest of the principal and adhere to the terms outlined in the POA. It’s advisable to consult with a legal professional for specific situations.
