Limited Power of Attorney - Colorado

LIMITED POWER OF ATTORNEY

COLORADO TRANSACTION-SPECIFIC DURABLE FORM

Before you use this: Fill in the exact transaction, acts, property, amount limit, and end date before signing. The principal must sign or direct another person to sign in the principal's conscious presence. Acknowledgment before a notary supports use with real property and recording; coordinate the county recorder's requirements when land is involved.

1. Principal and agent

I, [PRINCIPAL FULL LEGAL NAME], of [PRINCIPAL ADDRESS], appoint [AGENT FULL LEGAL NAME], of [AGENT ADDRESS], as my agent solely for the purpose 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]

My agent may communicate with the identified counterparty, obtain records necessary for this transaction, and sign only the documents listed above. These incidental acts do not enlarge the grant. A blank act or property description grants no authority. I grant no general power over other property or transactions.

3. Powers withheld

This instrument does not authorize gifts; creation, amendment, revocation, or termination of a trust; creation or change of survivorship rights or beneficiary designations; delegation of authority; waiver of a joint-and-survivor annuity right; exercise of my fiduciary powers; disclaimer or release of property or a power of appointment; exercise of a power of appointment; or exercise of my powers as a partner, member, or manager of an entity not solely owned by me. No exceptional act in C.R.S. § 15-14-724(1) 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.

4. Effect, durability, and end

This power of attorney takes effect when I execute it. It is durable and is not terminated by my later incapacity.

My agent's authority ends when the express purpose above is accomplished and, in any event, no later than [DATE AND TIME, INCLUDING TIME ZONE]. It may end earlier upon my death, revocation, or another event under C.R.S. § 15-14-710. I expressly 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, in accord with my reasonable expectations actually known to the agent or otherwise in my best interest, and must keep records of receipts, disbursements, and transactions. This instrument does not waive the mandatory duties in C.R.S. § 15-14-714(1).

6. Principal's signature

I sign this limited power of attorney voluntarily on [DATE].

Principal's signature: ____________________________________

Printed name: [PRINCIPAL FULL LEGAL NAME]

Acknowledgment

State of Colorado, County of [COUNTY].

This document was acknowledged before me on [DATE] by [PRINCIPAL FULL LEGAL NAME].

Notary public'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. Acceptance may also occur by conduct under C.R.S. § 15-14-713.

Agent's signature: ____________________________________ Date: [DATE]

Printed name: [AGENT FULL LEGAL NAME]

8. Real-property use

If the listed act conveys, encumbers, or affects the title to real property, provide the closing professional this acknowledged instrument and the legal description. Under C.R.S. § 38-35-109(1), qualifying powers of attorney may be recorded with the clerk and recorder of the county where the property is situated; coordinate the presentation and recording of this instrument and any deed or mortgage.