What does Limited (Special) POA grant authority for?

Limited (Special) Power of Attorney (POA) grants authority specifically for a particular task or a defined period of time. This means that the authority given is not broad or ongoing, contrasting with a general power of attorney, which would allow the agent to act on behalf of the principal in a wide range of matters.

The nature of a limited POA is to delegate specific powers related to a particular function, such as selling a property, managing a bank account for a set duration, or handling specific legal or financial transactions. This targeted approach allows principals to maintain control over other aspects of their affairs, using the limited POA only when necessary.

While options suggest various types of authority, limited POA's specific focus on individual tasks or times is why it stands out as the correct answer.