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to a specified individual, as Agent and Attorney-in-Fact which was recorded for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.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 Oklahoma Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a legal document used to terminate a previously recorded Power of Attorney in the state of Oklahoma. This revocation notice is crucial when the principal (the person who originally granted the Power of Attorney) intends to revoke the authority granted to their agent (the person appointed to handle legal and financial matters on behalf of the principal). The Notice of Revocation Power of Attorney for a Recorded Power of Attorney should contain specific details to be considered valid and legally binding. Firstly, it should clearly state the intent to revoke the previously recorded Power of Attorney and specify the date of revocation. Additionally, the name and contact information of both the principal and the agent should be mentioned, along with any relevant identification details (such as social security numbers or driver's license numbers). One commonly used form of the Oklahoma Notice of Revocation Power of Attorney for a Recorded Power of Attorney is the "General Revocation of Power of Attorney." This form is suitable when the principal wants to revoke the entire Power of Attorney and does not wish to grant any further authority to the agent. It terminates the agent's authority immediately upon receipt of the revocation notice. Another variation is the "Partial Revocation of Power of Attorney," which is used when the principal wants to revoke only specific powers granted to the agent under the Power of Attorney. This might occur when the principal wants to limit or remove certain authorities, while still allowing the agent to perform other designated tasks. It is essential to execute the revocation notice accurately and ensure it is properly notarized and recorded. This ensures that third parties, such as financial institutions or healthcare providers, are duly informed of the revocation and do not rely on the agent's authority after the revocation date. In conclusion, the Oklahoma Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a legal document that allows a principal to revoke a previously recorded Power of Attorney. Whether using a General Revocation or a Partial Revocation, it is crucial to follow the appropriate steps and ensure the document is properly executed and recorded to ensure its effectiveness in terminating the agent's authority.
