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In most instances, as long as the principal is mentally competent, a Power of Attorney can be revoked at any time, even if there is a different specified termination date in the document.
In order to revoke a Power of Attorney, you simply write or type a statement which includes the following:Name and date;You wish to revoke the Power of Attorney;Specify the date the original Power of Attorney was signed;Specify the person or persons named as your agent(s); and,Your signature.
There are three ways to revoke a power of attorney: by preparing a written revocation letter; by destroying all existing copies of your power of attorney; and by creating a new power of attorney document that supersedes the old one.
A revocable Power of Attorney that is registered before a registrar or a sub registrar can be revoked through the Deed of Revocation....ProcedureeditIn order to cancel unregistered power of attorney, draft a deed of Revocation.This non-registered deed should be notarized and duly stamped by the relevant authority.More items...?21-May-2021
Although a PoA is something when granted is of an irrevocable nature, if there is gross mismanagement on part of the agent, if the agent breaches the terms of the contract or if the agent acts beyond the scope of the powers, then the PoA can be revoked.