Limited Power of Attorney - Iowa

LIMITED POWER OF ATTORNEY — IOWA

Before you use this: Complete the transaction, acts, property, amount limit, and end time before signing. If the transaction involves land, attach its legal description and coordinate recording this acknowledged instrument and the deed in the county where the land lies. The principal's signature must be acknowledged by a notary or other authorized officer who is not the named agent.

1. Principal and agent

I, [PRINCIPAL FULL LEGAL NAME], of [ADDRESS], appoint [AGENT FULL LEGAL NAME], of [ADDRESS], as my agent solely for the transaction described below.

2. Limited grant

Specific transaction and counterparty: [DESCRIBE]

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

Property, account, or asset involved: [IDENTIFY; FOR LAND, ATTACH LEGAL DESCRIPTION]

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

Additional conditions: [DESCRIBE / NONE]

My agent may communicate with the named counterparty and obtain records only as reasonably needed to perform the listed acts. A blank act or property description grants no authority. This instrument grants no general authority over my other property or affairs.

3. Powers withheld

My agent may not create, change, or revoke a trust; make gifts; create or change survivorship rights or beneficiary designations; delegate authority; waive a joint-and-survivor annuity right; exercise my fiduciary powers; disclaim property; exercise rights under Iowa Code chapter 638; transfer my property to the agent or for the agent's benefit; make health-care decisions; or execute or revoke a will or codicil. None of the exceptional powers in Iowa Code § 633B.201(1) is granted.

4. Effect, durability, and end

This power takes effect when executed. It is durable and is not terminated by my later incapacity.

My agent's authority ends when the stated purpose is accomplished and, in any event, no later than [DATE AND TIME, INCLUDING TIME ZONE]. It may end sooner upon my death, revocation, or another event under Iowa Code § 633B.110. This limited power does not expressly revoke any prior power unless I identify it here: [PRIOR INSTRUMENT TO REVOKE / NONE].

5. Agent's duties

My agent must act within this grant, in good faith, and in accordance with my reasonable expectations to the extent actually known or otherwise in my best interest. My agent must keep records of receipts, disbursements, and transactions. This instrument does not waive the mandatory duties in Iowa Code § 633B.114(1).

6. Principal's signature

I sign this limited power of attorney voluntarily on [__/__/____] at [CITY, STATE].

Principal's signature: ____________________________________

Printed name: [PRINCIPAL FULL LEGAL NAME]

7. Acknowledgment

State of Iowa, County of [COUNTY].

On [__/__/____], [PRINCIPAL FULL LEGAL NAME] personally appeared before me, was identified to my satisfaction, and acknowledged signing this instrument voluntarily. I am not named as agent in this instrument.

Notary public or other authorized officer: ____________________________________

Printed name and title: [NAME AND TITLE]

Commission expiration, if applicable: [DATE] Official seal, if applicable: [SEAL]

8. Agent's receipt (optional)

I acknowledge receipt of this instrument and agree to act only within its stated limits.

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

9. Land-recording instruction

If the listed acts include signing a deed or mortgage, coordinate recording this acknowledged power of attorney and the agent-signed instrument with the county recorder where the land lies. Iowa Code §§ 558.1 and 558.41 govern the power's third-party recording effect. Under § 558.36, the agent who executes the deed or mortgage may acknowledge that instrument. Check the county recorder's submission requirements for the completed documents.