North Dakota 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

A North Dakota Medical Power of Attorney is a legal document that grants a person or entity permission to make health-related decisions for you, such as accepting or refusing medical treatment, when you cannot do so.

The General Durable Power of Attorney form may be used by an individual 18 years of age or older to appoint someone to handle their financial or other decisions. A durable power of attorney doesn't include health care decisions.

SOUTH DAKOTA. STATUTORY FORM POWER OF ATTORNEY. IMPORTANT INFORMATION. This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal).

A South Dakota tax power of attorney form, also known as Form MV-008, can be used to assign and authorize one's tax powers to an agent. In most cases, the agent will be a CPA (certified public accountant) and the document will be attached to the individual's tax filings.

Steps for Making a Financial Power of Attorney in South Dakota 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 Land Records Office.

One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal.

The rules and restrictions for PoA forms are different by state; however, in North Dakota, your Power of Attorney will need to be acknowledged by a notary public.

When you give someone durable power of attorney (DPOA), they maintain their role even in the event of your incapacitation. Durable power of attorney is an important tool in estate planning. If you're unable to make end-of-life decisions, the individual you choose can make decisions on your behalf.

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North Dakota Durable Power of Attorney to Execute Oil and Gas Lease