Idaho Durable Special Power of Attorney Granting Agent the Right to Execute Oil and Gas Leases, Attendant instruments, and Deal with Oil and Gas Properties
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How to fill out Durable Special Power Of Attorney Granting Agent The Right To Execute Oil And Gas Leases, Attendant Instruments, And Deal With Oil And Gas Properties?
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FAQ
In Idaho, a durable power of attorney may not necessarily need to be signed in front of a notary public when executed by the principal. A power of attorney does not need to be recorded unless it is being used in connection with a real estate transaction.
The power of attorney does not need to be notarized or recorded to be valid. However, if the power is recorded, any revocation of the power by a writing must also be recorded before the revocation is effective.
Important Information This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent can make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself.
Registering the power of attorney Either the person making the application for power of attorney (the donor) or the person who will have power of attorney (the attorney) can apply to register the application.
The power of attorney does not need to be notarized or recorded to be valid. However, if the power is recorded, any revocation of the power by a writing must also be recorded before the revocation is effective.
Steps for Making a Financial Power of Attorney in Idaho Create the POA Using a Statutory Form, Software, or Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Recorder's Office.