A Limited Power of Attorney, often called a Limited POA, is a legal document that gives another person or company permission to act on your behalf for specific purposes.
The important word is limited.
Unlike a general Power of Attorney, a Limited Power of Attorney only gives the authority specifically described in the document. In a foreclosure surplus claim, it may allow the company representing you to prepare, submit, and follow up on documents related to your claim and communicate with the court, county, or other agency holding the funds.
A Limited Power of Attorney allows RnR to handle certain parts of the claim on your behalf. Without that authorization, the court or agency may not be able to communicate with us, accept documents from us, or allow us to take certain actions related to your claim.
The exact authority given is stated in the document you sign.
No.
A Limited Power of Attorney does not give RnR unlimited authority over you, your property, or your personal affairs. Our authority is limited to what is specifically stated in the document.
Before signing, you should read the Limited Power of Attorney so you understand exactly what authority you are giving and what the document allows RnR to do.