This form is used when a Principal declares that all power and authority granted under a Power of Attorney to a specified individual, as Agent and Attorney-in-Fact which was recorded for Principal is revoked, terminated, and withdrawn as of the Effective Date stated on the form.
A Tennessee Notice of Revocation Power of Attorney for a Recorded Power of Attorney is a legal document used to officially terminate or cancel a previously recorded Power of Attorney in the state of Tennessee. This document is necessary to inform third parties, such as banks, financial institutions, or other individuals, that the authority granted to the appointed agent or attorney-in-fact is no longer valid. In Tennessee, there may be different types of Notice of Revocation Power of Attorney for a Recorded Power of Attorney, depending on the specific circumstances or requirements of the situation. Some of these types may include: 1. General Revocation of Power of Attorney: This type of revocation applies to an overall cancellation of the Power of Attorney and terminates all authority previously granted to the agent. 2. Limited Revocation of Power of Attorney: In certain cases, it may be necessary or appropriate to revoke only a specific section or aspect of the Power of Attorney. This limited revocation allows the principal to retain some control while revoking authority in specific areas. 3. Springing Power of Attorney Revocation: If the principal has previously executed a Springing Power of Attorney, which only takes effect upon the occurrence of a specific event or condition, a revocation might be needed if that event or condition no longer applies. When drafting a Tennessee Notice of Revocation Power of Attorney for a Recorded Power of Attorney, it is important to include certain key details to make the revocation legally effective and clearly communicate the intentions of the principal. These details may consist of: 1. Full names and contact information of both the principal and the agent or attorney-in-fact. 2. Date of the original Power of Attorney document that is being revoked. 3. Explicit statement of revocation, clearly stating the intention to cancel or terminate the Power of Attorney. 4. Signatures of the principal and a notary public to authenticate the revocation. 5. An acknowledgment section for the notary public, confirming that the principal appeared before them and signed the document willingly. The Tennessee Notice of Revocation Power of Attorney for a Recorded Power of Attorney serves as an important legal instrument to protect the interests and rights of the principal. By properly executing this document, the principal can ensure that the agent's authority is lawfully revoked and that all relevant parties are informed of the revocation.
