New Mexico Power of Attorney Forms (9 Types)

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Updated September 28, 2022

New Mexico power of attorney forms are documents that allow a person to authorize someone else to handle financial, medical, or other affairs on their behalf. The person giving the power (“principal”) is recommended to choose a trusted person (“agent”) to act in their presence as they will have as much power as the principal acting on their own. The principal can elect to select the form to be “durable” which would make it valid even if they should become incapacitated.

By Type (9)

Durable (Statutory) Power of Attorney – Grants financial powers to another person. The form remains valid even if the principal becomes incapacitated.

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Signing Requirements (§ 45-5B-105): Notary public.

General (Financial) Power of Attorney – Similar to durable POA, but it become void upon the incapacity of the person who granted the power initially.

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Signing Requirements (§ 45-5B-105): Notary public.

Limited Power of Attorney – A limited version is for specific, limited transactions and the representation ends upon completion of the transaction.

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Signing Requirements (§ 45-5B-105): Notary public.

Medical Power of Attorney – Used to appoint another person to make decisions on your behalf during a medical situation if you are unable to make your own decisions.

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Signing Requirements (§ 24-7A-4(Part 3)): Two (2) witnesses are “recommended but not required.”

Minor (Child) Power of Attorney – Can be used by a parent to convey guardianship power of their minor children to another while the parent is temporarily away from the children.

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Signing Requirements (§ 45-5-104): Notary public.

Revocation of Power of Attorney – Used to revoke or terminate a previously executed power of attorney.

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Signing Requirements (§ 45-5B-110): Not specifically mentioned; notarization is recommended.

Real Estate Power of Attorney – Allows for a person to elect someone else to assist them in managing or selling real property.

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Signing Requirements (§ 45-5B-105): Notary public.

Tax Power of Attorney (Form ACD 31102) – Used to appoint a tax professional to handle your tax matters with the tax authority in New Mexico.

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Signing Requirements: Principal only.

Vehicle Power of Attorney (Form MVD-11020) – Used to appoint another to take care of your motor vehicle titling and registration issues in front of the NM motor vehicle authority.

Download: Adobe PDF

Signing Requirements: Notary public.

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