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RubyRV's avatar
RubyRV
Explorer
Nov 11, 2019

Signing a power of attorney for bank when selling your RV

I have a prospective buyer for my RV and HE is getting a loan thru Southeast Financial. I have complied with all their requests, RV inspection, Purchase Order, now they want me to sign a Power of Atto...
Seeking Advice
toedtoes's avatar
toedtoes
Explorer III
Nov 14, 2019
WTP-GC wrote:
You can easily do a "conditional power of attorney" or "conditional lien release". The document will include language that more/less states you're giving up your rights in exchange for the payment. The document is invalid without payment being received. We do it all the time.


Exactly. And all that will be spelled out in the document.

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