Maryland Statutory Form - Limited Power Of Attorney Template Page 4
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20(INITIAL each authority in any subject you want to include in the agent’s general
authority. Cross through each authority in any subject that you want to exclude. If you
wish to grant general authority over an entire subject, you may initial “All of the above”
instead of initialing each authority.)
SUBJECTS AND AUTHORITY
A.
Real Property – With respect to this category, I authorize my agent to:
(___) Demand, buy, lease, receive, accept as a gift or as security for an
extension of credit, or otherwise acquire or reject an interest in real property or a right
incident to real property
(___) Sell, exchange, convey with or without covenants, representations, or
warranties, quitclaim, release, surrender, retain title for security, encumber, partition,
consent to partitioning, subject to an easement or covenant, subdivide, apply for zoning
or other governmental permits, plat or consent to platting, develop, grant an option
concerning, lease, sublease, contribute to an entity in exchange for an interest in that
entity, or otherwise grant or dispose of an interest in real property or a right incident
to real property
(___) Pledge or mortgage an interest in real property or right incident to real
property as security to borrow money or pay, renew, or extend the time of payment of a
debt of the principal or a debt guaranteed by the principal, including a reverse mortgage
(___) Release, assign, satisfy, or enforce by litigation or otherwise a
mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim
to real property that exists or is asserted
(___) Manage or conserve an interest in real property or a right incident to
real property owned or claimed to be owned by the principal, including:
(1)
Insuring against liability or casualty or other loss;
(2)
Obtaining or regaining possession of or protecting the interest or
right by litigation or otherwise;
(3)
Paying, assessing, compromising, or contesting taxes or
assessments or applying for and receiving refunds in connection with them; and
(4)
Purchasing supplies, hiring assistance or labor, and making
repairs or alterations to the real property
(___) Use, develop, alter, replace, remove, erect, or install structures or other
improvements on real property in or incident to which the principal has, or claims to
have, an interest or right
(___) Participate in a reorganization with respect to real property or an
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