A Florida limited power of attorney grants an agent the authority to act on behalf of the principal, but only for specific tasks or a limited duration. The powers can be as simple as managing a bank account or as complex as handling a specific real estate transaction, allowing the principal to tailor the agent’s powers to their precise needs.
The authority will terminate upon task completion, upon a specified date (if any), or if the principal becomes incapacitated.
Legal Considerations
Statute – Chapter 709 (Powers of Attorney and Similar Instruments).
Authority – § 709.2201 – An agent’s authority under a power of attorney is limited to the specific powers granted in the document, and cannot include tasks requiring personal judgment, voting, or creating a will.
Signing Requirements – § 709.2105 – Notary public and two witnesses.