California Durable Power of Attorney to Execute Oil and Gas Lease

State:
Multi-State
Control #:
US-OG-019
Format:
Word; 
Rich Text
Instant download

Description

This power of attorney grants an agent the authority to execute oil and gas leases on behalf of a mineral owner. The power of attorney is durable and will not terminate on the disability or incapacity of the person granting the power of attorney.

How to fill out Durable Power Of Attorney To Execute Oil And Gas Lease?

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FAQ

You must have the mental capacity to establish a POA, meaning you grasp what it is and the implications of setting one up. The person you choose as your agent must also be 18 or older and have mental capacity. Your power of attorney document must be signed in front of a notary public or by two competent witnesses.

You must sign the Power of Attorney. You can ask someone to sign for you, but you have to watch him or her do it. The document must be acknowledged by a notary public or signed by at least 2 adult witnesses. An agent cannot be a witness.

The person you choose as your agent must also be 18 or older and have mental capacity. Your power of attorney document must be signed in front of a notary public or by two competent witnesses.

In California, you either sign your form in front of a notary public or sign by two witnesses. Although any option you pick works, you should do both if possible. Signing in front of a notary further guarantees that your signature is valid.

How to get a power of attorney in California Decide which type of power of attorney you want. ... Decide who you want to be your agent. ... Decide what authority you want to give your agent. ... Get a power of attorney form. ... Complete the form, sign it, and have it notarized or witnessed.

BY SIGNING THE DURABLE POWER OF ATTORNEY, YOU ARE AUTHORIZING ANOTHER PERSON TO ACT FOR YOU, THE PRINCIPAL. BEFORE YOU SIGN THIS DURABLE POWER OF ATTORNEY, YOU SHOULD KNOW THESE IMPORTANT FACTS: YOUR AGENT (ATTORNEY-IN- FACT) HAS NO DUTY TO ACT UNLESS YOU AND YOUR AGENT AGREE OTHERWISE IN WRITING.

A California durable power of attorney form allows an individual to act in the place of someone else for financial-related affairs during their lifetime. The principal grants these powers to a trusted friend or relative called an agent.

Instead of witnesses, a principal may sign a durable power of attorney and bring it to a notary public. The notary will sign an acknowledgment printed on the power of attorney in which the notary certifies under penalty of perjury that the principal acknowledged signing it.

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California Durable Power of Attorney to Execute Oil and Gas Lease