“The Principal” is the one issuing a power of Attorney, while “the Attorney” is the party receiving it. The Principal permits an Attorney to act on the Principal’s behalf by appearing in person and signing all necessary documents or by carrying out all acts (doing all the required steps). A person may provide the power of Attorney if, for whatever reason, they cannot perform a particular act, appear before a court or other authority, or sign a specific document.
Before doing anything further, the Principal must Draft Legal Notice for Cancellation of Power of Attorney. This article discuss about how to draft legal notice for cancellation of Power of Attorney.
What is Power of Attorney?
The legal instrument known as a power of Attorney authorizes the agent, who is the person who grants the power of Attorney, to act on behalf of the Principal, i.e. the person who gives a power of Attorney. When the Principal is unavailable or unable to act for various reasons, the power of attorney grantor might delegate authority to others to handle commercial, real estate, or other personal concerns.
Draft Legal notice for cancellation of Power Of Attorney
By providing formal notice and completing a revocation form, the POA grantor has the legal authority to revoke the POA. By doing so, the status and validity of the POA will be formally and legally ended. Additionally, the Principal has the right to revoke the POA if the agent violates the agreement’s provisions. It is advised to get legal counsel from a knowledgeable professional before creating the notice of cancellation of POA so that it will be written following the law and the client’s specifications.
Read more about: Why Do I Require A Power Of Attorney For Gift Transfer In Dubai?
What must be included in the Legal Notice for Cancellation of Power of Attorney?
To assist you in drafting the specific notice following the format, the grantor of POA must retain the services of a knowledgeable attorney with extensive experience and a thorough understanding of the law. What must be included in the cancellation notification, however, are several crucial elements:
- The cancellation notification has to be drafted legally.
- The person’s full name, characteristics, and details
- Full name, full title, and specifics of the POA grantor
- List of justifications and details for terminating POA
- The case’s occurrence in full detail and with a description
- Revocation of the POA at a particular time
When Principal May Send the Legal Notice for Cancellation of Power of Attorney
Multiple grounds exist for the grantor of the POA to revoke it. When a POA is cancelled, the following are typical causes:
If the Principal elects to designate a different person as an agent:
Any agent who violates the terms and circumstances of the agreement, engages in criminal conduct, or commits fraud has the right to have a power of Attorney granted to another person or if the grantor of the POA considers that it is necessary to appoint another person. A representative is no longer capable of carrying out their duties:
The Principal may appoint someone else on their behalf if the grantor of POA believes that the agent is no longer qualified to carry out tasks owing to personal or medical issues or is unreliable.
When the agent is no longer able to act:
The Principal may revoke a power of Attorney (POA) if the agent ceases to be available or relocates to another country and cannot demonstrate their physical presence. The Principal may designate another person to represent them as the agent or Attorney.
There’s no longer a need for a power of Attorney:
Suppose the POA was given for a specified reason (like a transaction or the sale or purchase of property). In that case, the Principal might terminate the POA by properly preparing a notification and indicating that the purpose has been satisfied and the POA is no longer necessary.
Upon the death of the agent(s):
Death may happen at any moment and is unpredictable. With the assistance of an attorney, the Principal will create a formal notification to revoke a power of Attorney (POA) if the designated agent dies away.
You may want to know: Risks Of Giving Power Of Attorney
Who is eligible to submit a legal notice for cancellation of Power Of Attorney?
- One Principal cannot cancel a POA by themselves and must get the signature of both principals if two principals have signed the POA. A single Principal has the authority to revoke a POA executed by many executors.
- If one of the agents leaves their job, the remaining agent may still carry out the tasks that the Principal has given them.
- If a firm grants a POA, the POA instantly loses its validity.
- Following the grantor’s death, the POA is no longer valid.
Drafting Services for powers of Attorney in the United Arab Emirates at Notary Public Dubai
Obtaining a POA may be challenging and confusing if you are unaware of the laws involved in the process. Notary Public Dubai offers superior drafting services for cancelling POA in Dubai and the rest of the UAE. Our attorneys provide expert services to get the most excellent and exceptional outcomes. Our attorneys, who have more than ten years of expertise, ensure that the procedure is simple and without any snags.
Hassan Humaid Al Suwaidi is a UAE Citizen and the founder of the firm HHS Lawyers. He has a vast experience of 20 years of dealing with high-value and complex notary requirements. Hassan has been involved in some of the largest legal settlements in the UAE and is commended for his ability to attain the most favourable outcomes for his clients.
