New Mexico Limited Power of Attorney Form
A New Mexico Limited (Special) Power of Attorney is a type of POA that is used for granting highly specific power(s) to an agent. It can be used for many purposes, such as providing someone the power to sign a document on your behalf or manage your rental property. While there is no set time limit for the form, it should not be used for long-term responsibilities (e.g. over 1 year).
Once the agent completes their task(s), the principal should issue a revocation of power of attorney. This should be given to the agent so they understand their legal obligations are no longer effective (essentially “releasing” them from the POA).
Signing requirements (§ 45-5B-301) – The POA must have the principal’s signature notarized. While it is recommended that the agent sign the form, it is not a legal requirement for them to do so.