Oakland Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document that grants a designated individual the authority to handle specific actions related to executing division orders and transfer orders on behalf of the principal (the person granting the power). This power of attorney is specifically designed for individuals residing in Oakland County, Michigan. Division orders and transfer orders pertain to the transfer of ownership rights, interests, or assets related to real property, particularly in the oil, gas, and mineral industry. These transactions often require legal expertise and specific knowledge in order to ensure compliance with applicable laws and regulations. The Oakland Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders allows the principal to appoint an agent, also known as an attorney-in-fact, to act on their behalf. The agent will have authority limited to executing and signing division orders and transfer orders. This power of attorney document ensures that the principal's interests are protected and that these important transactions can be carried out smoothly and efficiently without the principal's direct involvement. There may be several types or variations of this durable power of attorney, depending on the specific requirements and circumstances of the principal. Some possible variations could include: 1. Oakland Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders: This type of power of attorney solely focuses on the execution and signing of division orders, which outline the payment and distribution of revenue from oil, gas, or mineral production. 2. Oakland Michigan Durable Power of Attorney for Limited Purpose of Executing Transfer Orders: This particular power of attorney may pertain to executing and signing transfer orders that involve the transfer of ownership or interests in real property within the oil, gas, or mineral industry. 3. Oakland Michigan Durable Power of Attorney for Limited Purpose of Executing Division and Transfer Orders: This type of power of attorney covers both executing division orders and transfer orders, allowing the agent to handle a broader range of transactions related to the principal's interests in real property. It is important to consult an attorney or legal professional to ensure that the specific power of attorney document is tailored to the principal's needs and meets all legal requirements in the state of Michigan, particularly in Oakland County. This ensures that the principal's interests are adequately protected and that the agent is empowered to carry out the designated tasks effectively and responsibly.