Mississippi Durable Power of Attorney to Execute Oil and Gas Lease
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How to fill out Durable Power Of Attorney To Execute Oil And Gas Lease?
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FAQ
The guidelines for PoA forms are different by state; however, in Mississippi, your Power of Attorney will require the signatures of two witnesses or a notary public. At least one of the witnesses to your PoA form should not be a relative, spouse, adopted child, heir, or any other beneficiary.
A Mississippi limited power of attorney form allows an individual to choose an agent to handle a restricted or specific financial action on his or her behalf. The contract becomes void once the specified activity has been completed or at the expiration date indicated on the form.
File a Copy With the Chancery Clerk's Office If you gave your agent the power to conduct transactions with real estate, you should also file a copy of your POA in the land records office (called the chancery clerk's office in Mississippi) in the county or counties where you own real estate.
Wills in Mississippi don't need to be notarized to be valid, but notarization can make the probate process smoother. That's because, when a will is notarized, it means the probate court doesn't have to summon the witnesses to make sure the will is legally binding.
Irrevocable power of attorney ? This is a power of attorney that the grantor cannot revoke. For a power of attorney to be irrevocable, specific language must be placed in the document clearly stating the grantor's intent.
The Power of Attorney must be registered in the office of the register of deeds in order for it to be effective after the principal becomes incompetent.
How to Write 1 ? Open This Form To Fill Out The Revocation Paperwork Required. ... 2 ? Classify The Authority Being Revoked. ... 3 ? Identify The Revoking Principal. ... 4 ? Detail The Authority Being Revoked. ... 5 ? Name The Agent(s) Being Terminated. ... 6 ? The Principal Must Date And Sign This Revocation. ... 7 ? The Notary Public Section.
