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The powers granted to the agent are broad and sweeping, defined in Chapter 32 of the North Carolina Power of Attorney Act, that became effective January 1, 2018.
This POA is effective immediately and is a Durable Power of Attorney, (the incapacity of the principal does not terminate the power of attorney.) A predetermined termination date can be set into this document and/or may be revoked by the principle at any time by providing written notice to the Agent. 32C-1-102 (2)
This POA includes a Substitute Agent in the case the Agent can't or won't act.
1. (The successor agent has the same authority as that granted to the original agent.
2. The successor agent may not act until all predecessor agents have resigned, died, become incapacitated, are no longer qualified to serve, or have declined to serve.) 32C-1-111 (b)
In general, a NC Power of Attorney is NOT required to be recorded unless a real property transfer or a business transaction occurs on behalf of the incapacitate principle. Although recording may not be required it is considered prudent. This form is formatted to meet N.C. recording standards.
For use in North Carolina only.
Deeds.com North Carolina Durable Power of Attorney Forms Have Been Updated as Recently as Tuesday May 3, 2022
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