Limited Power of Attorney - Virginia

LIMITED POWER OF ATTORNEY (VIRGINIA)

Before you use this: Complete the purchase description, seller, price ceiling, and expiration before signing. This power covers one purchase of identified personal property and no land. A separate power intended for a land conveyance needs parcel-specific authority and review of the recordable-power requirements in Va. Code §§ 64.2-1603 and 55.1-600.

Principal and agent

I, [PRINCIPAL FULL LEGAL NAME], residing at [ADDRESS], appoint [AGENT FULL LEGAL NAME], residing at [ADDRESS], to act for me only as written below.

The single authorized purchase

Item or equipment to be purchased: [IDENTIFY MAKE, MODEL, SERIAL NUMBER OR OTHER UNIQUE DESCRIPTION]

Seller: [SELLER'S LEGAL NAME AND ADDRESS]

Maximum total purchase price, including taxes and delivery: $[AMOUNT]

Source of payment: [DESCRIBE FUNDS OR PAYMENT ARRANGEMENT; NO BORROWING AUTHORIZED]

Required transaction date or conditions: [DATE AND CONDITIONS]

My agent may negotiate the price at or below the ceiling, sign the purchase agreement and receipt in my name, tender my specified payment, and receive the identified item and title or ownership papers for me. The agent may communicate with the named seller about this purchase and obtain the documents needed to complete it. The agent may not substitute another item, seller, financing arrangement, or purchaser. A blank material term gives the agent no authority to supply that term.

This is a narrow grant of the acts just stated. It gives no authority to do all acts that I could do and incorporates no general statutory subject by name or citation under Va. Code §§ 64.2-1622(C) and 64.2-1623.

Powers expressly withheld

The agent may not make gifts; create or change a trust, beneficiary designation, or survivorship right; delegate this power; waive a survivor benefit; exercise my fiduciary powers; access the contents of my electronic communications; borrow or pledge property; sell property; or transfer any real estate. None of the special acts listed in Va. Code § 64.2-1622(A) is granted. The agent may not make, amend, or revoke my will, make health-care decisions, or use the purchase for personal benefit.

Effective period and earlier powers

This power is effective when I sign it. It remains effective if I become incapacitated, consistent with Va. Code § 64.2-1602. It ends when the identified purchase is complete or, if earlier, at [TIME] on [EXPIRATION DATE]. It can end sooner under Va. Code § 64.2-1608, including on my death or revocation. The agent must stop when the agent knows the authority has ended.

This instrument does not revoke any earlier power of attorney.

Agent's obligations

An agent who acts must follow my reasonable expectations to the extent actually known and otherwise act in my best interest, act in good faith, and stay within this grant. The agent shall keep the signed agreement, payment proof, title papers, and receipt, and give me copies on request. This instrument does not relieve the agent of statutory disclosure duties.

Principal's signature

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

Principal's signature: ____________________________________

Printed name: [PRINCIPAL FULL LEGAL NAME]

Acknowledgment

Commonwealth of Virginia, City/County of [LOCALITY]. This record was acknowledged before me on [__/__/____] by [PRINCIPAL FULL LEGAL NAME].

Notarial officer's signature: ____________________________________

Printed name and title: [________________________________]

Official seal: [SEAL] Commission expires: [__/__/____]

Agent's receipt

I acknowledge receipt of this instrument and the limits on my authority.

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

Sources and References

• Virginia General Assembly, Uniform Power of Attorney Act and the exact sections cited above.
• Virginia General Assembly, Va. Code § 55.1-600.