How to cancel a notarized power of attorney in the UAE
Cancellation of a notarized power of attorney in the UAE is a responsible process that requires strict procedures to minimize potential risks. In the legal practice of Antwort Law, we often deal with issues of notarization, apostille and other procedures related to the processing of client documents, including the execution and cancellation of notarized powers of attorney. We are ready to offer our expert knowledge and practical recommendations on key aspects of the procedure for cancellation of powers of attorney.
1. When is a notarized power of attorney cancelled?
A power of attorney can be revoked for various reasons, such as a change in plans, unreliability of the attorney, expiration of the power of attorney or a change in the legal status of the principal.
2. Procedure for Cancelling a Notarized Power of Attorney
The process for canceling a power of attorney in the UAE involves several key steps:
Executing a document canceling the power of attorney: The first step to legally terminating the power of attorney is for the principal to contact a notary to draft and register a formal document canceling the power of attorney.
Notifying the attorney and third parties: It is important to notify not only the attorney but also any third parties with whom the attorney may have interacted on behalf of the principal to avoid potential misunderstandings and fraud.
Registering the cancellation: If the power of attorney related to assets or transactions related to real estate, financial transactions or business, it is necessary to ensure that the cancellation is registered with the relevant authorities.
The cancellation procedure may vary depending on the type of power of attorney:
- General power of attorney: This type of power of attorney gives broad powers to the attorney and its cancellation requires formal notification to all interested parties and registration of the cancellation with the relevant authorities.
- Power of attorney issued for a specific task: requires less notice, but it is important that all third parties involved in a specific transaction are notified of the revocation of the attorney-in-fact.
3. Legal consequences after the revocation of the power of attorney
After the revocation of the power of attorney, the attorney-in-fact must cease all actions on behalf of the principal. If the attorney-in-fact continues to take actions, this may lead to litigation. The attorney-in-fact is also obliged to return all documents, assets and material resources that were transferred to him under the power of attorney, which is especially important to protect the principal's assets and eliminate any possible risks.
Recommendations from Antwort Law:
1) After the revocation of the power of attorney, it is important not only to formalize and register the revocation, but also to notify all third parties with whom the attorney-in-fact interacted to prevent any possible conflicts or misunderstandings in the future.
2) To minimize the risk of having to frequently revoke the power of attorney, it is necessary to check the reputation and history of the person or company.
Antwort Law is ready to become your reliable partner in matters of notarial practice. We offer not only professional support in cancellation of powers of attorney, but also the development of individual strategies that will help you avoid legal and financial risks. Trust our lawyers to resolve this important issue, and we will provide you with confidence in every transaction.
Lidia Ivanova
International lawyer
Antwort Law