District of Columbia Revocation of Recorded Power of Attorney

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• Control #: US-OG-1116
• Format: Word; Rich Text

Description

This form is a revocation of recorded power of attorney. District of Columbia Revocation of Recorded Power of Attorney is a legal document that allows an individual to terminate or cancel a previously recorded power of attorney in the District of Columbia. This revocation ensures that the authority granted to an agent or attorney-in-fact through a power of attorney is officially terminated and no longer valid. In the District of Columbia, there are two main types of Revocation of Recorded Power of Attorney: General Revocation and Specific Revocation. 1. General Revocation: This type of revocation is used when an individual wants to revoke an entire power of attorney document. By using a General Revocation, all powers and authorities previously granted in the power of attorney are nullified. This revocation is comprehensive and revokes the entire document, irrespective of the number of agents or attorneys-in-fact mentioned. 2. Specific Revocation: This type of revocation is used when an individual wants to revoke a specific power or authority granted in a power of attorney, but not necessarily the entire document. It allows the individual to specify the particular powers or authorities they wish to revoke, while leaving the remaining powers intact. This type of revocation is suitable when an individual wishes to limit the agent's authority or remove a specific power that may no longer be necessary. To initiate the District of Columbia Revocation of Recorded Power of Attorney, certain key steps and elements must be taken into consideration. Firstly, it is crucial to clearly identify the power of attorney document being revoked by mentioning its title, recording date, and the parties involved. Additionally, stating the reason for the revocation is essential to provide a context for the cancellation. The revocation must be executed by the principal, the individual who initially granted the power of attorney, and their signature must be notarized to ensure its authenticity and validity. It is advisable to keep a copy of the executed revocation for personal records and to distribute it to relevant parties, such as the agent, financial institutions, and other entities who may have relied on the original power of attorney. It is important to note that the District of Columbia Revocation of Recorded Power of Attorney should be filed with the same agency that recorded the original power of attorney for it to be officially recognized. In conclusion, the District of Columbia Revocation of Recorded Power of Attorney provides a formalized and legally binding process to end the authority granted through a power of attorney. Whether through a General Revocation terminating the entire document or a Specific Revocation revoking particular powers, individuals can ensure that their intentions regarding the revocation are clearly communicated and legally upheld.

District of Columbia Revocation of Recorded Power of Attorney is a legal document that allows an individual to terminate or cancel a previously recorded power of attorney in the District of Columbia. This revocation ensures that the authority granted to an agent or attorney-in-fact through a power of attorney is officially terminated and no longer valid. In the District of Columbia, there are two main types of Revocation of Recorded Power of Attorney: General Revocation and Specific Revocation. 1. General Revocation: This type of revocation is used when an individual wants to revoke an entire power of attorney document. By using a General Revocation, all powers and authorities previously granted in the power of attorney are nullified. This revocation is comprehensive and revokes the entire document, irrespective of the number of agents or attorneys-in-fact mentioned. 2. Specific Revocation: This type of revocation is used when an individual wants to revoke a specific power or authority granted in a power of attorney, but not necessarily the entire document. It allows the individual to specify the particular powers or authorities they wish to revoke, while leaving the remaining powers intact. This type of revocation is suitable when an individual wishes to limit the agent's authority or remove a specific power that may no longer be necessary. To initiate the District of Columbia Revocation of Recorded Power of Attorney, certain key steps and elements must be taken into consideration. Firstly, it is crucial to clearly identify the power of attorney document being revoked by mentioning its title, recording date, and the parties involved. Additionally, stating the reason for the revocation is essential to provide a context for the cancellation. The revocation must be executed by the principal, the individual who initially granted the power of attorney, and their signature must be notarized to ensure its authenticity and validity. It is advisable to keep a copy of the executed revocation for personal records and to distribute it to relevant parties, such as the agent, financial institutions, and other entities who may have relied on the original power of attorney. It is important to note that the District of Columbia Revocation of Recorded Power of Attorney should be filed with the same agency that recorded the original power of attorney for it to be officially recognized. In conclusion, the District of Columbia Revocation of Recorded Power of Attorney provides a formalized and legally binding process to end the authority granted through a power of attorney. Whether through a General Revocation terminating the entire document or a Specific Revocation revoking particular powers, individuals can ensure that their intentions regarding the revocation are clearly communicated and legally upheld.