Suffolk New York Affidavit of Nonrevocation of Power of Attorney on Date of Execution of Oil and Gas Lease

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• County: Suffolk
• Control #: US-OG-184
• Format: Word; Rich Text

Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). The form is used to declare that the appointment of the named attorney as the Lessor's Attorney-in-Fact had not been revoked by Lessor The Suffolk New York Affidavit of Nonrevocation of Power of Attorney on Date of Execution of Oil and Gas Lease is a legal document used in Suffolk County, New York, to confirm the non-revocation of a power of attorney during the execution of an oil and gas lease. This affidavit plays a crucial role in ensuring the validity and enforceability of such leases. An oil and gas lease grants the lessee the right to explore, extract, and produce oil and gas resources from a specified property. The power of attorney, in this context, refers to the authority given to an individual (the attorney-in-fact) to act on behalf of the lessor (the property owner) in matters related to the lease agreement. By executing the Suffolk New York Affidavit of Nonrevocation of Power of Attorney on the Date of Execution of Oil and Gas Lease, the lessor confirms that he or she has not revoked the attorney's power of attorney during the execution of the lease agreement. This affidavit acts as evidence of the continuous authority granted to the attorney-in-fact, ensuring that any actions taken on behalf of the lessor during the lease agreement are legally binding. Different types or variations of the Suffolk New York Affidavit of Nonrevocation of Power of Attorney on Date of Execution of Oil and Gas Lease could include: 1. Individual Affidavit: This type of affidavit is executed by an individual lessor who has granted a power of attorney to an attorney-in-fact and confirms that the power of attorney remains valid during the lease agreement. 2. Corporate Affidavit: In cases where the lessor is a corporation, this type of affidavit is executed by an authorized representative of the corporation, confirming the nonrevocation of the power of attorney during the lease agreement. 3. Joint Ownership Affidavit: when multiple individuals jointly own the property subject to the oil and gas lease, this affidavit is executed by all owners collectively, confirming the nonrevocation of the power of attorney during the lease agreement. The Suffolk New York Affidavit of Nonrevocation acts as a protective measure for both parties involved in an oil and gas lease. It ensures that the attorney-in-fact can act in the best interests of the lessor, without any concerns about the validity or revocation of the power of attorney, during the execution of the lease agreement.

The Suffolk New York Affidavit of Nonrevocation of Power of Attorney on Date of Execution of Oil and Gas Lease is a legal document used in Suffolk County, New York, to confirm the non-revocation of a power of attorney during the execution of an oil and gas lease. This affidavit plays a crucial role in ensuring the validity and enforceability of such leases. An oil and gas lease grants the lessee the right to explore, extract, and produce oil and gas resources from a specified property. The power of attorney, in this context, refers to the authority given to an individual (the attorney-in-fact) to act on behalf of the lessor (the property owner) in matters related to the lease agreement. By executing the Suffolk New York Affidavit of Nonrevocation of Power of Attorney on the Date of Execution of Oil and Gas Lease, the lessor confirms that he or she has not revoked the attorney's power of attorney during the execution of the lease agreement. This affidavit acts as evidence of the continuous authority granted to the attorney-in-fact, ensuring that any actions taken on behalf of the lessor during the lease agreement are legally binding. Different types or variations of the Suffolk New York Affidavit of Nonrevocation of Power of Attorney on Date of Execution of Oil and Gas Lease could include: 1. Individual Affidavit: This type of affidavit is executed by an individual lessor who has granted a power of attorney to an attorney-in-fact and confirms that the power of attorney remains valid during the lease agreement. 2. Corporate Affidavit: In cases where the lessor is a corporation, this type of affidavit is executed by an authorized representative of the corporation, confirming the nonrevocation of the power of attorney during the lease agreement. 3. Joint Ownership Affidavit: when multiple individuals jointly own the property subject to the oil and gas lease, this affidavit is executed by all owners collectively, confirming the nonrevocation of the power of attorney during the lease agreement. The Suffolk New York Affidavit of Nonrevocation acts as a protective measure for both parties involved in an oil and gas lease. It ensures that the attorney-in-fact can act in the best interests of the lessor, without any concerns about the validity or revocation of the power of attorney, during the execution of the lease agreement.