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)
Limited Power of Attorney
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Limited Power of Attorney FAQ
What is a limited power of attorney?
A limited power of attorney grants another person specific authority to handle certain tasks or make particular decisions on your behalf. Unlike a general power of attorney, it restricts the agent’s authority to clearly defined situations or transactions.
Why do you need a limited power of attorney?
Use it when you need assistance with specific matters (such as selling property or managing investments) without granting broad or ongoing authority over your affairs.
When should I use a limited power of attorney?
Use it when you want someone to perform particular tasks or transactions clearly defined in scope and duration, especially when you’re temporarily unavailable.
How to write a limited power of attorney?
Identify your agent clearly, specify exactly what powers are granted, indicate any limitations, set a timeframe, and sign the document in front of a notary or witnesses.
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