Limited Power of Attorney (Property) (Massachusetts)

The Limited Power of Attorney (Property) (Massachusetts) is a legal document that grants a designated individual, referred to as the agent or attorney-in-fact, with limited authority to act on behalf of the principal regarding specific property-related matters in the state of Massachusetts. This template outlines the terms and conditions under which the agent can make decisions and carry out actions on behalf of the principal, providing a clear and legally binding framework for the limited delegation of authority. The document may cover various property-related matters, such as purchasing, selling, leasing, or managing real estate, handling property transactions, making decisions on property repairs or improvements, accessing safety deposit boxes, and dealing with financial institutions. It is crucial for the principal to carefully establish the scope and limitations of the agent's authority within the legal boundaries of Massachusetts to ensure adherence to the specific requirements of state laws. This Limited Power of Attorney (Property) template aims to facilitate the smooth and efficient execution of property-related affairs, while safeguarding the principal's interests and maintaining compliance with legal regulations in Massachusetts.