In the course of conducting business, it may become necessary to appoint another person to make your real estate purchase on your behalf. This instrument, called The Limited Power of Attorney for Purchase of Real Estate, authorizes another party to carry out the transaction for you. Without the Limited Power of Attorney, your transaction may be impossible to finalize or deemed unenforceable, at a great cost to you of time, money, and personal effort.

Because many states have unique laws governing Power of Attorney forms, you will need a form that specifically complies with the laws in the state of Maine to ensure that your transaction is both valid and enforceable. A boilerplate form from another state may very well be in violation of governing Maine law and be unenforceable.

The Limited Power of Attorney involves the appointment of an “Agent” or “Attorney In Fact,” which is made by a mentally competent natural person, often referred to as the “Principal” or “Grantor.” Once the appointment is made, the Agent is then authorized to make the real estate purchase. Said purchase is made according to the terms specified in the Limited Power of Attorney Purchase of Real Estate form you are provided here.

The packet here provides details to tailoring the form to your specific needs, so that the transaction is accomplished according to your instructions. This also minimizes the chance of misunderstanding or confusion regarding the real estate purchase.

This packet identifies and explains many key elements in drafting this document; some of the important provisions incorporated herein include the following:

• Explanation of Parties: Provides details regarding the designation of parties and their various responsibilities and designations;
• Key Concepts of the Form: Identifies the key concepts and terms of the form to ensure validity and enforceability;
• Notary: Explains the additional legal benefits and requirements of notarizing this form;
• Explanation of Legal Terms: Provides description of terms used within form to make form accessible to all users;
• Details the Rights of Limited Power: Specifically sets forth the rights included in the limited power to purchase real estate as granted by the principal;
• Effective Dates: Sets forth effective time frame for use of form, from beginning to end.


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The packet available here for purchase was prepared and reviewed by an attorney and includes the following:
1. Checklist & Instructions for use of the Limited Power of Attorney for Purchase of Real Estate form;
2. Detailed information and specifics regarding the Limited Power of Attorney for Purchase of Real Estate;
3. the Limited Power of Attorney for Purchase of Real Estate form for you to tailor to your specific needs.
This form is designed for use in and is compliant with the laws in [STATE ].