Limited Power of Attorney (Property) (Ohio)

The Limited Power of Attorney (Property) (Ohio) is a legal document that allows a person (the principal) to appoint another individual (the agent) with specific powers to act on their behalf in certain property-related matters within the state of Ohio. This template helps outline the scope and limitations of the agent's authority, ensuring that the principal has control over the specific actions the agent can undertake.

The document typically includes provisions detailing the specific powers granted, such as the ability to buy, sell, and lease real estate properties, manage investments, pay bills, and make financial decisions related to the principal's property. The principal can also specify any limitations or restrictions on the agent's authority, ensuring they retain control over major decisions while delegating others to the agent.

This Limited Power of Attorney template ensures that compliance with Ohio state laws and regulations is maintained throughout the document. It contains spaces for the principal to provide necessary personal information, as well as the agent's details and any alternates or successors if desired. The template is designed to be customizable to fit the unique circumstances and intentions of the principal.

Executing a Limited Power of Attorney (Property) is particularly useful for individuals who may have limited mobility, are overseas, or wish to delegate certain property management tasks to a trusted agent. It offers a legal framework for granting someone the authority to handle property-related matters efficiently, while providing peace of mind that the principal's interests are protected.

It is essential to consult with a licensed attorney, familiar with Ohio state laws, before using this template to ensure all requirements and specific needs are addressed appropriately.