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Limited Power of Attorney
Assign specific legal authorities clearly and effectively using this Limited Power of Attorney Template.
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Limited Power OF Attorney
1. Parties
• Principal: [Full Name], residing at [Address].
• Agent/Attorney-in-Fact: [Full Name], residing at [Address].
2. Purpose and Scope
The principal hereby grants the Agent limited authority to perform only the following specific act(s) or transaction(s):
• [Describe the exact scope of authority, e.g., “Sell my 2010 Toyota Camry,” “Sign closing documents for the sale of real property located at [Address],” etc.]
3. Effective Date and Termination
• This Limited Power of Attorney shall become effective on [Start Date] or upon the occurrence of the following event: [Describe if applicable].
• It shall remain in effect until [End Date or condition], or completion of the specific act(s) described above, whichever occurs first, unless earlier revoked in writing by the principal.
4. Agent’s Duties
The Agent must act in the best interests of the Principal, within the specific authority granted herein. The Agent must keep appropriate records of all actions taken on behalf of the Principal.
5. Revocation
The Principal may revoke this Limited Power of Attorney at any time by delivering a written, signed notice to the Agent and, if necessary, to the relevant third parties.
6. Governing Law
This Limited Power of Attorney is governed by the laws of [State].
7. Signatures and Acknowledgment
Principal’s Signature: _________________________ Date: ______________
Printed Name: ________________________________
Agent’s Signature (if required): _______________ Date: ______________
Printed Name: ________________________________
(Notarization or Witness Requirements Here)
Details
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Limited Power of Attorney
LIMITED POWER OF ATTORNEY FAQ
What is a limited power of attorney?
A limited power of attorney is a legal document that grants another person authority to act on your behalf for specific tasks or decisions. Unlike a general power of attorney, it limits the agent’s authority to clearly defined situations, transactions, or timeframes.
Why do you need a limited power of attorney?
It allows you to delegate important but specific responsibilities—such as selling property, handling a financial transaction, or managing certain investments—without giving broad control over all your affairs. This ensures targeted authority and greater security.
When should I use a limited power of attorney?
Use it when you are unable to handle specific matters yourself due to travel, illness, or scheduling conflicts, but still need legally valid representation for clearly outlined purposes.
How to write a limited power of attorney?
Clearly identify yourself and your chosen agent, specify the exact powers granted, outline any restrictions, set an expiration date if needed, and have the document signed and notarized (or witnessed) according to local law.
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