Oregon Limited (Special) Power of Attorney Form
The Oregon Limited (Special) Power of Attorney (POA) can be used to legally note down any circumstances whereby an individual (the Principal) wants to grant decision making powers to another party (the Agent) to act on their behalf, but only in accordance to the specific terms they have included in the contract. Thus, the terms of this form are in clear distinction to the more sweeping terms of some POA arrangements. To illustrate this, consider that while a Limited POA can authorize an Agent to handle a specific matter like their real estate, a more broad POA can authorize an Agent to handle a variety of matters.
State Laws & Signing Requirements
State Laws – Powers of Attorney
Signing Requirements (§ 127.005) – Acknowledgement by a Notary Public and the presence of two (2) witnesses is strongly recommended for Principals in Oregon who wish to enact a Limited (Special) Power of Attorney. The reason the Principal is recommended to take this course of action is that in Oregon, there are no signing requirements for a Limited Power of Attorney. Therefore, it is the responsibility of the Principal to enact measures to help ensure the form is executed in a lawful manner.