North Carolina 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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The document must also be certified by a notary public. There are certain statutory limitations on who can serve as a health care agent and witness. Once you have executed a health care power of attorney, you should provide a copy to your physician, designated health care agent, and keep a copy on file for yourself.
North Carolina durable power of attorney laws require that the appointed individual be at least 18 years old, have the capacity to understand this responsibility, and that the document be signed in the presense of two witnesses acknowledged by a notary.
You must be at least 18 years of age, mentally competent, and have capacity when the durable power of attorney is signed. North Carolina law states that a durable power of attorney must be registered at your local county office of the register of deeds to be effective after your incapacity.
The healthcare POA form must be dated and signed by the principal and two witnesses. The principal and the witnesses must sign before a notary public. The notary section of the form sets forth the requirements for the witnesses, so be sure to read it.
The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
?You may file your power of attorney document with the Register of Deeds office. You will need to present the original notarized document in person or through the mail. We accept cash, check or money order for the payment.
When a power of attorney is used to transfer land or to do business on behalf of a person who has become incapacitated, it must be recorded. As a general rule, however, a power of attorney does not need to be recorded in North Carolina in order to be effective.
