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Limited Power of Attorney. A Limited Power of Attorney allows or authorizes the Agent to perform a particular transaction. The Limited Power of Attorney would restrict the authority of the Agent to a specific situation or type of legal action. Generally a Limited Power of Attorney is used for the sale of real or personal property, but it can cover any specific situation or need that may exist. If someone has moved out of state and wants to sell their house without returning to the state they left just to sign the real estate documents to close a transaction, they may grant a Limited Power of Attorney just for that purpose.
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