Oklahoma 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
You can override your own power of attorney agent if you are of sound mind. If not, loved ones can intervene.
It is important that you return the completed EGID Durable Power of Attorney form and the Identification Form by mailing them to EGID, Attn. Member Accounts, P. O. Box 11137, Oklahoma City, OK 73136-9998, or faxing them to EGID Member Accounts, 405-717-8939.
Steps for Making a Financial Power of Attorney in Oklahoma 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.
If the POA or DPOA involves real estate, it must be filed with the County Clerk in the county the real estate resides. You may file a POA with the Court Clerk, but if this is done it becomes a public record.
Fees may vary ing to the type of POA, its length, and complexity, but the average cost of a power of attorney is about $300. Some lawyers charge by the hour, with the average hourly rate for a family or probate lawyer typically in the $250 to $350 range.
If your agent will manage real estate transactions, the Power of Attorney must be signed by a notary and recorded with the county.
An Oklahoma durable power of attorney is a power of attorney form that continues to provide your agent with the authority to act on your behalf if you are declared incapacitated. An Oklahoma durable power of attorney can be a financial power of attorney, a general power of attorney, or medical power of attorney.
