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Richard, Attorney
Category: Legal
Satisfied Customers: 55294
Experience:  Attorney with 29 years of experience.
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My wife and I applied for a refinance loan of our condo in Astoria, Qu

Customer Question

My wife and I applied for a refinance loan of our condo in Astoria, Queens,NY about 10 months ago. In march I went on a trip and left with her a power of attorney in case I would not be back in time for the closing. I came back to NYC,2 days ago. The closing should be this Monday, however I changed my mind and do not want to go ahead with the closing. Can she still use the POA ?( I told the bank lawyers not to use the POA)
Submitted: 4 years ago.
Category: Legal
Expert:  Richard replied 4 years ago.

LegalBeacon :

Welcome! My goal is to do my very best to understand your situation and to provide a full and complete answer for you.

LegalBeacon :

You can revoke your POA at any time by giving your wife a letter of revocation letting her know you are terminating the POA effective immediately. You will want to send a copy of that letter of revocation to anyone you know who has been provided a copy of the POA. Your wife's authority under the POA terminates immediately upon your wife's receipt of the POA.

LegalBeacon :

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