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A South Dakota Revocation of Power of Attorney Form can be used to terminate a current or active power document. Only the principal who has issued such paperwork may terminate it. Thus, this document will require the active participation of the principal at the time of its execution.
59-12-4. Execution of power of attorney. A power of attorney shall be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.
A contract for deed is a contract where the seller remains the legal owner of the property and the buyer makes monthly payments to the seller to buy the house. The seller remains the legal owner of the property until the contract is paid.
It must properly convey your intent to confer authority upon your agent to make health care decisions should you become incapacitated. It must also be signed by you and witnessed either by two individuals or by a notary public. Some forms utilize both witnesses and a notary.
Does a Power of Attorney need to be notarized, witnessed, and/or recorded in South Dakota? The requirements and restrictions vary by state; however, in South Dakota, if you plan for the agent to handle matters related to children or real estate, then notarization will be required.
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.