This form is used by a Principal to declare that all power and authority granted under a Power of Attorney, which was not recorded, to a specified individual as Agent and Attorney-in-Fact for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
A Minnesota Notice of Revocation of Power of Attorney for an Unrecorded Power of Attorney is a legal document used to terminate the authority granted to an agent or attorney-in-fact under an unrecorded Power of Attorney in the state of Minnesota. This notice serves as an official communication to the agent, third parties, and relevant authorities that the previously issued Power of Attorney is no longer valid and should not be relied upon. In Minnesota, there aren't necessarily different types of Notice of Revocation of Power of Attorney for an Unrecorded Power of Attorney, but variations may arise based on the specific circumstances and reasons for revoking the power of attorney. However, here are some essential elements to be included in a comprehensive Minnesota Notice of Revocation: 1. Heading: Start the document by clearly titling it as "Minnesota Notice of Revocation of Power of Attorney for an Unrecorded Power of Attorney." 2. Parties Involved: Identify the principal (the person who initially granted the power of attorney) by providing their full legal name, current address, and contact information. Also, include the agent's information, including their name, address, and contact details. 3. Effective Date: Specify the date on which the revocation will take effect. It is crucial to ensure this date is after the date the revocation is signed and notarized. 4. Power of Attorney Details: Mention the specific details of the unrecorded Power of Attorney that is being revoked. Include the date it was executed and any identifying information, such as the document's title and reference number. 5. Revocation Statement: Clearly state that the principal is revoking all powers, authorities, and rights granted to the agent through the unrecorded Power of Attorney. 6. Delivery of Notice: Describe how the notice will be delivered to the agent and any other concerned parties, such as via personal delivery, regular mail, or certified mail with return receipt requested. 7. Third-Party Reliance Statement: Specify that third parties who may have relied on the unrecorded Power of Attorney shall no longer do so after the effective date of revocation. 8. Signature and Notarization: The principal should sign and date the notice in the presence of a notary, who will then notarize the document as a legal confirmation of the principal's identity and acknowledgment of their signature. 9. Witness Statement: To further validate the document, a witness statement section can be included where a witness acknowledges the principal's signature and the principal's soundness of mind during the revocation. It is important to consult with an attorney familiar with Minnesota laws to ensure the Notice of Revocation complies with all legal requirements and is tailored to the unique circumstances. The document should be executed and distributed to the agent, relevant third parties, and recorded with any necessary state agencies to terminate the agent's authority.
