This form is used when a Principal declares that all power and authority granted under a Power of Attorney to a specified individual, as Agent and Attorney-in-Fact which was recorded for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
The New Jersey Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a legal document used to terminate or cancel a previously recorded power of attorney in the state of New Jersey. This notice serves as an official declaration by the principal, the person who initially granted the power of attorney, to revoke the authority granted to the appointed agent or attorney-in-fact. Keywords: New Jersey, Notice of Revocation Power of Attorney, Recorded Power of Attorney, legal document, terminate, cancel, principal, agent, attorney-in-fact. Types of New Jersey Notice of Revocation Power of Attorney for a Recorded Power of Attorney: 1. General Revocation: This type of revocation applies to a power of attorney that grants broad authority to the agent. It completely terminates the recorded power of attorney and revokes all powers previously given to the agent. 2. Limited Revocation: In certain situations, the principal may wish to revoke only specific powers granted to the agent while keeping the rest intact. This type of revocation allows the principal to specify which powers are being revoked and which remain in effect. 3. Temporary Revocation: Sometimes, a principal may need to temporarily suspend the powers granted to the agent. This type of revocation is used to pause the agent's authority for a set period without completely terminating the power of attorney. 4. Permanent Revocation: When the principal determines that they no longer require the services of the agent and wish to permanently terminate the power of attorney, a permanent revocation is used. This type of revocation is final and cannot be reversed unless a new power of attorney is executed. 5. Revocation with Replacement: In some cases, the principal may decide to revoke an existing power of attorney and replace it with a new one. This type of revocation not only terminates the old power of attorney but also designates a new agent to handle the principal's affairs. Regardless of the type of revocation, the New Jersey Notice of Revocation Power of Attorney for a Recorded Power of Attorney must contain specific information. It should clearly state the principal's identity, the agent's identity, the date of the power of attorney document being revoked, and the effective date of the revocation. The document must also be signed by the principal, preferably in the presence of a notary public, to ensure its validity. If there were any previously recorded powers of attorney associated with the principal, it is important to provide copies of the notice of revocation to all relevant parties, including financial institutions, healthcare providers, and any other entities that may have relied on the prior power of attorney. This ensures that all parties involved are aware of the termination and can update their records accordingly.
