Kentucky Limited Power of Attorney
KENTUCKY LIMITED
POWER OF ATTORNEY
[Your Name] (hereafter referred to as "the Principal"), residing at [Your Company Address], in the State of [State], County [County], hereby appoints [Agent's Name] of [Agent's Full Address] as his Attorney-in-fact ("Agent").
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POWERS OF AGENT
This Limited Power of Attorney authorizes the Agent to perform the following acts on behalf of the Principal, only concerning the following matters in the State of Kentucky:
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Representation in Real Estate Transactions: The Agent is authorized to represent the Principal in real estate transactions within the State of Kentucky. This includes but is not limited to signing purchase agreements, attending property inspections, and closing proceedings.
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Contract Negotiations: The Agent is authorized to negotiate and enter into contracts on behalf of the Principal within the State of Kentucky. This includes but is not limited to business agreements, service contracts, and lease agreements.
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Legal Proceedings: The Agent is authorized to initiate and participate in legal proceedings on behalf of the Principal within the State of Kentucky. This includes but is not limited to filing lawsuits, responding to legal notices, and representing the Principal in court hearings.
SCOPE OF AUTHORITY
The Agent's authority under this Limited Power of Attorney is restricted to the specific matters outlined above. The Agent is not authorized to act beyond the scope of the powers granted herein.
TERM
This Limited Power of Attorney shall commence on January 1, 2050, and shall remain in effect until December 31, 2050, unless sooner revoked by the Principal.
REVOCATION
The Principal may revoke this Limited Power of Attorney at any time by giving written notice to the Agent. Upon receipt of such notice, the Agent's authority to act on behalf of the Principal shall cease immediately.
NOTICE REQUIREMENT
The Principal shall provide written notice of revocation to the Agent via certified mail or personal delivery. A revocation shall be effective upon receipt by the Agent.
SUCCESSOR AGENT
If the Agent is unable or unwilling to act, the Principal hereby appoints [Successor Agent's Name] as the successor Agent to fulfill the duties outlined in this Limited Power of Attorney.
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SIGNATORIES
Principal:
[Your Name]
[Date Signed]
Attorney-in-fact:
[Agent's Name]
[Date Signed]
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WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Power of Attorney in our presence on the date stated above.
Witness 1:
[Witness 1 full name]
[Date Signed]
Witness 2:
[Witness 2 full name]
[Date Signed]
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NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[Notary Public's Name]
Commission Expired:____________
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