Harris Texas Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders

State:
Multi-State
County:
Harris
Control #:
US-OG-020
Format:
Word; 
Rich Text
Instant download

Description

This form is described in the title. If an agent/attorney in fact signs a division order for a third party, the disburser of production will most probably call for an original of this power of attorney to accompany the signed division order, or a copy of a recorded power of attorney accompany the division order.

A Harris Texas Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document that authorizes an individual to act as an agent or attorney-in-fact on behalf of another party in specific matters related to division orders and transfer orders. This power of attorney, specific to Harris County in Texas, grants the agent the authority to execute division orders and transfer orders on behalf of the principal. The Harris Texas Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders allows the principal to delegate authority temporarily for the mentioned purposes, ensuring that important transactions related to oil and gas interests and mineral rights can proceed smoothly even if the principal is unavailable or incapacitated. This document ensures that the agent has the requisite power and authority to enter into agreements, sign documents, and generally act on behalf of the principal in matters specifically related to division orders and transfer orders. It is essential to note that there might be different types or variations of the Harris Texas Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders. These variations may differ based on the specific requirements of the principal or changes in applicable laws. It is advisable to consult with an attorney or legal professional to understand the specific types available and select the appropriate one based on your individual needs and situation. Some relevant keywords to consider when discussing Harris Texas Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders are: 1. Harris County, Texas 2. Durable Power of Attorney 3. Limited Purpose 4. Division Orders 5. Transfer Orders 6. Agent or Attorney-in-fact 7. Oil and Gas Interests 8. Mineral Rights 9. Delegation of Authority 10. Incapacitation 11. Legal Authority 12. Oil and Gas Transactions 13. Principal and Agent Relationship 14. Legal Document 15. Temporary Delegation. In conclusion, the Harris Texas Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal instrument that grants specific authority to an agent or attorney-in-fact to handle division orders and transfer orders on behalf of the principal. It is crucial to consult with legal professionals and understand the different types available to ensure compliance with relevant laws and meet the specific needs of the principal.

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FAQ

Below is a list of requirements for executing a power of attorney: The power of attorney must be signed before a notary public; You must be 18 years of age or older; You must be of sound mind and know what you are doing when you sign the power of attorney; and.

The durable power of attorney does not need to be signed by any witnesses. It is not necessary to file the durable power of attorney unless the agent uses it with respect to a real property transaction.

We often hear the question, does the power of attorney need to be notarized in Texas? The answer is yes; the document and any changes to it should be formally notarized. Once these steps are completed, power of attorney is validly granted.

Where Do I File a Power of Attorney in Texas? Most powers of attorney do not need to be filed with a court. However, suppose a power of attorney is used for a real estate transaction that generally must be recorded. In that case, the power of attorney must also be filed with the county clerk.

Sign the POA in the Presence of a Notary Public In Texas, you must notarize the POA. This means that you must sign it before a notary public, who will verify your identity and sign and stamp the document.

A statutory or durable power of attorney gives an agent permission to access bank accounts, sell property and make other important decisions when the principal becomes incapacitated or unable to make decisions. It stays in effect until revoked or until the principal dies.

It Can be Empowering A durable power of attorney allows you to decide in advance who will make decisions on your behalf without removing any of your rights or transferring ownership of assets. You also get to decide how much control the agent has over your care and your assets.

A Durable Power of Attorney for Health Care is a document that lets you name someone else to make decisions about your health care in case you are not able to make those decisions yourself. It gives that person (called your agent) instructions about the kinds of medical treatment you want.

Registration of power of attorney is optional In India, where the 'Registration Act, 1908', is in force, the Power of Attorney should be authenticated by a Sub-Registrar only, otherwise it must be properly notarized by the notary especially where in case power to sell land is granted to the agent.

The Disadvantages of a Durable Power of Attorney Despite the agent being required to follow your directives, it is always a possibility that your agent may make mistakes or, regrettably, use their authority to commit fraud against you.

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Harris Texas Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders