A New Mexico limited power of attorney form is a legal document that grants an agent the authority to act on your behalf for specific tasks or during a limited time period, such as representing you at a real estate closing when you are unavailable.
This form of power of attorney is distinct in that it confines the agent’s powers to specific, well-defined circumstances, and these powers are often temporary, expiring once the designated tasks are completed. This arrangement is ideal for ensuring that your affairs are handled by someone you trust in your absence.
Legal Considerations
Statute – Uniform Power of Attorney Act (§§ 45-5B-101 — 45-5B-403).
Authority – § 45-5B-201 – An agent designated by a power of attorney can act on behalf of the principal, exercising specific authority that is clearly defined and granted by the agreement.
Signing Requirements – § 45-5B-105 – Notary Public.
Related Forms
Vehicle Power of Attorney (Form MVD-11020)
Designate someone to handle your vehicle titling and registration matters.
Signing Requirements: Notary public.
Minor (Child) Power of Attorney
Provides temporary authority to make decisions regarding a child's health and education.
Signing Requirements: Notary public.
Real Estate Power of Attorney
Authorizes an agent to manage the principal's property matters.
Signing Requirements: Notary public.
