limited power of attorney


limited power of attorney

The authority granted to another under a written power of attorney, specifying or describing the particular acts the attorney in fact may do,and no others.Contrast with a general power of attorney,which allows all things the person could do himself or herself.Limited powers are usually given to do things like transfer stock, obtain information from the IRS or Social Security Administration,sign all documents necessary for a real estate closing,or other such tasks.