Attorney-In-Fact

Business, Legal & Accounting Glossary

Definition: Attorney-In-Fact


Quick Summary of Attorney-In-Fact


A person named in a written power of attorney document to act on behalf of the person who signs the document, called the principal. The attorney-in-fact’s power and responsibilities depend on the specific powers granted in the power of attorney document. An attorney-in-fact is an agent of the principal.



What is the dictionary definition of Attorney-In-Fact?

Dictionary Definition


n. someone specifically named by another through a written “power of attorney” to act for that person in the conduct of the appointer’s business. In a “general power of attorney” the attorney-in-fact can conduct all business or sign any document, and in a “special power of attorney” he/she can only sign documents or act in relation to special identified matters. Too often people sign themselves as attorney-in-fact for relatives or associates without any power of attorney. If someone claims to be able to sign for another, a demand to see the written power of attorney is reasonable and necessary. In real estate matters, the power of attorney must be formally acknowledged before a notary public so that it can be recorded along with the real estate deed, deed of trust, mortgage, or other document.


Full Definition of Attorney-In-Fact


An agent of the person giving him/her the power of attorney (for a specific purpose or for general purposes) to act on his or her behalf. The attorney-in-fact’s power and responsibilities depend on the specific powers granted in the power of attorney document.


Cite Term


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https://payrollheaven.com/define/attorney-in-fact/
Modern Language Association (MLA):
Attorney-In-Fact. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 25, 2020 https://payrollheaven.com/define/attorney-in-fact/.
Chicago Manual of Style (CMS):
Attorney-In-Fact. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/attorney-in-fact/ (accessed: November 25, 2020).
American Psychological Association (APA):
Attorney-In-Fact. PayrollHeaven.com. Retrieved November 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/attorney-in-fact/

Definition Sources


Definitions for Attorney-In-Fact are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 3 Views.