Revocation of Power of Attorney Form For Your Business Safeguard

You may have drawn a Power of Attorney Form, offering certain powers to your agent or representative, for the completion of specific work or service on your behalf. Once the work is completed or the service is performed by the agent, you may want to withdraw power given to him. How can you remove or revoke the given power? You can simply draw the Revocation of Power of Attorney deed and revoke the offered powers.

Power of Attorney

It is a legal document, drawn in favor of an Agent or representative, where the Principal, assigns the representative sufficient powers to act or execute business on his behalf. With designated power, the Agent represents the Principal, for transacting the specific transactions mentioned in the Form.

The person assigning the Power is known as the Principal, and the recipient of such power is called an Agent. The person dealing with the representative will also act in the similar fashion, as he has been dealing with the Principal. Such power transferring Form may be drawn for the specific or generic service and work performance.

Revocation of Power of Attorney

The Principal, if he desires, has legal rights to revoke the assigned power to the Agent, through Power Revocation deed. The repudiation can be carried out for various reasons including, breach of the confidence, completion of the work or service, misuse of power and doubtful actions of the representative. The written revocation or repudiation form also forbids the Agent, to act on behalf of the Principal.

The Principal also forwards signed document to concerned parties and financial institutions, informing them about the withdrawal of authorized power to the Agent. The Revocation Form is also advertised in the local paper for general public view.

It is also necessary that, the revocation document should be signed in front of the witnesses and can be notarized for recordings. Once, all formalities of power withdrawn are completed, the Principal may ask the representative to return all legal and other documents in his possession. In this way the Principal also safeguards his business interests from the future nefarious actions of the agent.

You can also download Revocation of Power of Attorney Forms from different sites on Internet and fill it up, for repudiation of the power given to the agent

you can download various types of Revocation Power of Attorney from Legal Forms.