Limited Power of Attorney - Alabama

LIMITED POWER OF ATTORNEY

ALABAMA TRANSACTION-SPECIFIC DURABLE FORM

Before you use this: Complete the transaction, permitted acts, property, amount limit, and end date before signing. Sign and acknowledge this instrument before a notary, especially if the agent will convey property and this authority may be recorded. Coordinate real-property recording in the county where the land lies.

1. Principal and agent

I, [PRINCIPAL FULL LEGAL NAME], of [PRINCIPAL ADDRESS], appoint [AGENT FULL LEGAL NAME], of [AGENT ADDRESS], as my agent only for the transaction and acts stated below.

2. Limited grant

Single transaction or purpose: [DESCRIBE THE TRANSACTION AND IDENTIFY THE COUNTERPARTY]

Acts my agent may perform and documents the agent may sign: [LIST EACH ACT AND DOCUMENT]

Property or account involved: [IDENTIFY PRECISELY; FOR LAND, ATTACH THE LEGAL DESCRIPTION / NONE]

Maximum payment, receipt, or commitment: $[AMOUNT / NONE]

Other conditions: [STATE CONDITIONS / NONE]

I authorize my agent to communicate with the identified counterparty, obtain records needed for this transaction, and sign only the documents identified above. These incidental acts do not expand the stated grant. A blank description of an act or property grants no authority. This is no grant of general authority over any other property or transaction.

3. Powers withheld

My agent may not make gifts; create, amend, revoke, or terminate an inter vivos trust; create or change survivorship rights or a beneficiary designation; delegate this authority; waive a joint-and-survivor annuity right; or exercise my fiduciary powers. No exceptional power described in Ala. Code § 26-1A-201(a) is granted. My agent also may not transfer my property to the agent or for the agent's benefit, make health-care decisions, or execute a will or codicil for me.

4. Effect and end

This power of attorney is effective when I execute it. It is durable and is not terminated by my subsequent incapacity.

My agent's authority ends when the stated purpose is accomplished and, in any event, no later than [__/__/____]. It may end earlier upon my death, revocation, or another event under Ala. Code § 26-1A-110. I revoke this earlier power of attorney, if any: [IDENTIFY SPECIFIC PRIOR INSTRUMENT / NONE]. Other prior powers of attorney remain in force unless revoked expressly.

5. Agent's duties

My agent must act within this limited grant, in good faith, and consistently with my reasonable expectations actually known to the agent or otherwise in my best interest. The agent must keep records of receipts, disbursements, and transactions made for me. This instrument does not waive any mandatory duty in Ala. Code § 26-1A-114(a).

6. Principal's signature

I sign this limited power of attorney voluntarily on [__/__/____].

Principal's signature: ____________________________________

Printed name: [PRINCIPAL FULL LEGAL NAME]

Individual acknowledgment

State of Alabama, County of [COUNTY].

I, [NAME AND TITLE OF ACKNOWLEDGING OFFICER], certify that [PRINCIPAL FULL LEGAL NAME], whose name is signed above and whose identity was established to my satisfaction, acknowledged before me on this day that, being informed of the contents of this instrument, the principal executed it voluntarily on the date it bears.

Given under my hand this [DAY] day of [MONTH], [YEAR].

Notary or acknowledging officer's signature: ______________________________

Official seal: [SEAL]

Commission expires: [DATE]

7. Agent's acceptance (optional evidence)

I accept this appointment and will act only within its limits and in accordance with my duties. Acceptance may also occur by conduct under Ala. Code § 26-1A-113.

Agent's signature: ____________________________________ Date: [__/__/____]

Printed name: [AGENT FULL LEGAL NAME]

8. Real-property use

If this grant authorizes a conveyance or satisfaction affecting land, give the closing professional the completed, acknowledged instrument and the property's legal description. Ala. Code § 35-4-28 permits qualifying powers of attorney to be proved or acknowledged and recorded like conveyances. Confirm the recorder's requirements and use the county where the land is situated.