power of attorney;if the SPOA is executed severally?

Question

Does one of the grantor/principal of POA can revoke his authority given to the grantee if the POA is given in the same document by a group of persons severally and not by individual document?
Say this group of persons are siblings, and one of them is revoking the authority he is giving the Agent?

Answer 1

Any person can revoke the POA but by doing so does not necessarily stop the "Attorney" from carrying on his rights. This is because the law (Commonwealth Law) allows the 'benefit of doubt' to the attorney for not knowing about the revocation.
So now if separate PAs were granted to an agent by say 5 people who are shareholders of the same property, it is apparent that the property cannot be sold in entirety. However others who did not revoke the PA can accept to sell off their share to any third party (if there is no written restriction).
Thridly, Grantors of PA can also execute a transaction by themselves or stop a transaction (initiated by a PA holder) from taking place if they are not too late in doing so.
Normally, if banks are involved, they will favour the grantor's presence than the PA holder.

Answer 2

You're going to have to clarify this if you want anything resembling an answer.

Are the five siblings giving authority over a legal entity they jointly own, or a piece of property they jointly own? In other words, is it a partnership/LLC/corporation, or a house they just inherited?

How is the grant of authority worded? It's possible that the power is only revocable if a majority revoke. It's also possible that a single document with five signers wasn't drafted correctly in the first place, and doesn't legitimately grant any power at all.

It's just not possible to give any kind of answer without more information, and without looking at the POA specifically, nothing reliable could be said.

Answer 3

If the capacity of criminal specialist has been filed/recorded with notwithstanding place of work is the suitable one to attempt this with in Alabama (in NC it could be the sign up of Deeds), then you definitely can get a replica of it from that place of work. even if those archives are available in on line that is necessary to confirm; in NC some counties are and some are not. If it hasn't been filed or recorded, and it isn't inevitably required to be, then you definitely can in basic terms locate out by technique of asking your grandmother or the guy you imagine were given her to signal one...in the adventure that they intend to apply it, then they might want to don't have any reason to be shy about telling you she did signal one for them. in case you've faith a criminal specialist became in contact and also you comprehend which one, you may want to ask them. they are not quite meant to allow you to comprehend something (shopper confidentiality), yet in case you clarify your concerns you may want to luck out and they could be prepared to a minimum of make certain even if or not they prepared one for her or not.