An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). This Affidavit form is used when a question arises as to whether a principal was alive, and competent at the time a power of attorney was signed.
Oklahoma Affidavit As to Principal's Competence At Time of Granting Power of Attorney
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Multi-State
Control #:
US-OG-002
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Word;
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How to fill out Affidavit As To Principal's Competence At Time Of Granting Power Of Attorney?
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FAQ
Notarization Requirement While Oklahoma does not technically require you to get your POA notarized, notarization is strongly recommended. Under Oklahoma law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuinemeaning your POA is more ironclad.
To be considered competent, individuals need to be able to:Comprehend information that is presented to them.Understand the importance of such information.Make sound decisions among provided choices.Understand the potential impact of their decisions.13-Jan-2022
Types of POAsSimple POA. Signed in front of a notary public.Durable POA. Signed in front of two witnesses and a notary public.Immediate POA (sometimes called a "springing" POA) Signed in front of two witnesses and a notary public.Health Care or Business affairs POA. Signed in front of two witnesses and a notary public.
The principal, or such other person, shall sign in the presence of two (2) witnesses, each of whom shall sign his or her name in the presence of the principal and each other. (2) The witnesses shall not be under eighteen (18) years of age or related to the principal by blood or marriage.
A power of attorney allows your agent to act on your behalf with another party. Now that party might ask the agent to prove that you have given him the authority. This can be done by showing an affidavit made by your agent where he states that he is your agent and that you have given him the power of attorney.
In Oklahoma law, Power of Attorney means, a writing or other record that grants authority to an agent to act in the place of the principal. If you execute a power of attorney, you are the principal. The person whom you designate to act in your place is your agent.
Filing the document with the Oklahoma courts is not required to make the document legal, but it is an available option. Create your durable power of attorney. Consider having an attorney review the document to ensure it is enforceable and follows Oklahoma law.
While Oklahoma does not technically require you to get your POA notarized, notarization is strongly recommended. Under Oklahoma law, when you sign your POA in the presence of a notary public, you signature is presumed to be genuinemeaning your POA is more ironclad.
If your agent will manage real estate transactions, the Power of Attorney must be signed by a notary and recorded with the county.
