Puerto Rico 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

In Tennessee, your POA is not durable by default. To make the POA effective even after your incapacitation, Tennessee laws require an explicit statement. The law suggests wording such as: ""This power of attorney shall not be affected by subsequent disability or incapacity of the principal." (Tenn. Code § 34-6-102.)

Puerto Rico will recognize POA from any state as long as the document was legal where it was signed.

A notary in Puerto Rico should draft you the power of attorney and sent it to you. If you will used to sell a house it has to be done properly to be able to comply with banks and register requirements. 2. Go to a public Notary and notarized the document.

If your POA involves real estate transactions, for example, you may need to file a copy with your land records office, which in Texas is part of your county clerk's office. If your agent will conduct financial transactions, you may want to give your banks and other financial institutions a copy as well.

In Texas, you're not required to hire a lawyer to create your power of attorney ? you can do it yourself, saving you time and money. As long as you follow Texas's requirements, any POA you create is legally binding.

They must be created in a specific form under section 7 of the Powers of Attorney Ordinance (CAP. 31) as a deed, and the Donor's signature must be witnessed by a qualified solicitor in Hong Kong. We may accept a General / Specific Power of Attorney even if it's more than 12 months old.

How to get a power of attorney in California Decide which type of power of attorney you want. ... Decide who you want to be your agent. ... Decide what authority you want to give your agent. ... Get a power of attorney form. ... Complete the form, sign it, and have it notarized or witnessed.

There are no special qualifications necessary for someone to act as an attorney-in-fact except that the person must not be a minor or otherwise incapacitated. The best choice is someone you trust.

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Puerto Rico Durable Power of Attorney to Execute Oil and Gas Lease