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Sticky title problem

October 13, 2015 02:34PM
Elderly reverse mortgage borrower has been under Power of Attorney since 1991. Original ink-signed POA document has been misplaced. Daughter (attorney) doesn't have it, either. Lawyer who drew up the POA all those years ago signed a notarized affidavit as to the authenticity of the copy of the POA but title company says, "No original ink-signed POA, no title policy."

What might be a get-around for this problem? Elderly borrower no longer has capacity to sign a new POA. I don't know which title company they're dealing with, but would another title company be less dogmatic about this issue? Can an extra bond be purchased to cover just this issue?
Subject Author Views Posted

Sticky title problem

CCinOC 4434 October 13, 2015 02:34PM

Stale, lost power-of-attorney

Ward-CA 3009 October 13, 2015 11:44PM

Re: Stale, lost power-of-attorney

CCinOC 2904 October 14, 2015 10:28AM



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