Renunciation of a power of attorney
The attorney-in-fact, the person who received a power of attorney, gives it up and stops representing the principal. The notary authenticates your signature. The law requires notifying the principal; doing it in time keeps them from being left unprotected, especially if there's a matter in progress.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- For anyone who is another person's attorney-in-fact (a lawyer with a power of attorney for litigation, someone with a power to manage assets) who has decided not to continue with the assignment and wants to formally step away from the power they received
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Drafting of the renunciation of the power of attorney, taking care of the responsibilities involved.
- Scheduling of the appointment at the notary office.
- Support during the authentication of your signature.
- Guidance on how to notify the principal so they're not left unprotected.
Does not include
- The service doesn't release you from liability if you step down and leave the principal unprotected in an urgent matter without notifying them.
- The notification to the principal, which is a separate service that we also provide.
- The official notary fee, which is paid separately, a fixed amount plus an amount per page.
Add to your procedure
Check it and we include it in your quote. You decide at the end.
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Your valid cédula, as the attorney-in-fact who is stepping down
- The details of the power of attorney you're renouncing
- And the principal's details, so they can be notified
- If there's a matter in progress, tell us, so we can watch the deadlines
- The attorney-in-fact must appear in person to sign before the notary
How the process works
You do very little. We take care of the rest. The whole process: on average, 2 to 3 business days.
- Step 1
Tell us the power
You tell us which power of attorney you're renouncing and whether there's a matter in progress.
You do this - Step 2
We draft
We prepare the renunciation, taking care of the responsibilities involved.
We do this - Step 3
You sign
We schedule your appointment and you sign before the notary, who authenticates your signature.
You do this - Step 4
We notify
We guide you on notifying the principal, or handle it as a separate service.
We do this - Result
Done
We hand you the authenticated renunciation.
You receive it
We draft the renunciation and you sign it in person before the notary, a public official, with your cédula (Venezuelan ID card). The renunciation is made by notifying the principal (the person who granted the power), as the Civil Code requires.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The official notary fee. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: You pay once, when we start. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment has two parts, and we tell you about each one separately. Our base professional fee, from $50, for drafting the renunciation and coordinating the authentication
The official notary fee, a fixed amount for the act plus an amount per page. If you also want us to notify the principal, that's quoted separately. Official amounts are paid in bolívares at the official BCV (Central Bank of Venezuela) exchange rate Your lawyer gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I just stop acting, without formally renouncing?
You still appear as the attorney-in-fact to everyone, and you may remain liable for what you were expected to do. Formally renouncing is what takes you out of that responsibility.
How much does it cost?
The professional fee, from $50, covers drafting the renunciation and support at the signing. The official notary fee is paid separately; we give you the full amount beforehand.
Who signs the renunciation?
The attorney-in-fact who is stepping down, meaning you.
How is it different from a revocation?
In a revocation, the principal withdraws the power; in a renunciation, the attorney-in-fact steps aside by their own decision.
Do I have to notify the principal?
Yes, and it's more than a courtesy: if there's a matter in progress, leaving them without notice can leave them unprotected and turn into a claim against you. We handle that notification.
About this procedure
Renouncing a power of attorney is the mirror image of revoking one. In a revocation, the one who withdraws the power is the principal; in a renunciation, the one who steps aside is the attorney-in-fact, the person who received the power and no longer wants to, or can't, continue with the assignment. The typical case is a lawyer who renounces a client's power of attorney, or someone who managed certain assets and decides not to continue. Here, the one who signs is the attorney-in-fact who is stepping down, and the notary authenticates their signature. There's an important point of responsibility: when you step down, you can't leave the principal hanging, especially if there's a matter in progress, for example a lawsuit with procedural deadlines running. That's why the law requires notifying the principal of the renunciation (art. 1,709, Venezuelan Civil Code), and it's best to do it in time so they can appoint someone else and aren't left unprotected. If the renunciation harms the principal, the attorney-in-fact must compensate them, unless continuing would cause the attorney-in-fact serious harm. In some cases, the person stepping down must keep handling anything urgent until the principal can replace them. We draft the renunciation with the care the case calls for and guide you on how and when to notify the principal so everything is clean. The attorney-in-fact must sign in person before the notary.
Legal framework and important notes
Ley de Registros y Notarías (Registries and Notaries Law) · Código Civil (Civil Code)
- Step down responsibly. If there's a matter in progress, especially a lawsuit with running deadlines, notify the principal in time for them to appoint someone else, or you could be liable for leaving them unprotected
- Remember that here the one who signs is you, the attorney-in-fact, not the principal; that's the mirror image of a revocation
- You must sign in person before the notary with a valid cédula
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
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