Special or Limited Power of Attorney for Real Estate Purchase Transaction by Purchaser - Kansas 2025

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How Long is a Limited Power of Attorney Good For? A Limited Power of Attorney is good for as long as you establish it. In contrast to a General POA, which expires only if you revoke it or once you pass away, Limited POAs are designed to be valid for a specific amount of time.
A Limited Power of Attorney (also called a Specific or Special Power of Attorney) allows the person who has the POA, the holder, to legally act on behalf of someone else, the principal, for a specific timeframe, scope or document.
A Kansas real estate power of attorney grants a representative permission to act on a property owner or buyers behalf in real estate transactions. This type of POA limits the representatives authority to tasks such as leasing, purchasing, and selling real property.
A power is called limited if the holder of the power cannot exercise the power in favor of herself, her estate or the creditors of her estate. Because it is limited, the assets subject to the power dont get added to the power holders estate for estate tax purposes.
When someone makes you the agent in their power of attorney, you cannot: Write a will for them, nor can you edit their current will. Take money directly from their bank accounts. Make decisions after the person you are representing dies. Give away your role as agent in the power of attorney.

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Durable POAs are particularly useful for individuals planning for future incapacity, providing peace of mind that their affairs will be managed ing to their wishes without the need for court intervention.

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