The existing signed Power of Attorney you're using might not be acceptable for your upcoming closings.
Our Mississauga Office has recently experienced situations where an existing signed Power of Attorney was not acceptable for a current closing.
Be aware that if you use a Power of Attorney now, one of the witnesses must be:
a) a notary public or
b) a local government official with an official stamp
Futher, if a Power of Attorney is being used to close a purchase with a new mortgage, the mortgage lender must pre-approve in writing the use of a power of attorney prior to closing.
For a seller, the law office must receive a legible copy of an unexpired photo ID. Alternatively, for the purchaser's mortgage the law office must receive both a legible unexpired photo I.D. for the person who granted the power of attorney plus a secondary ID.
Email or call Stan Gelman with your questions by calling 905 270 5110 or for your information on the Provincial Child and Federal Support Guidelines.