A New York Real Estate Power of Attorney Form is a written instrument used by individuals who want to delegate a duty of handling real property affairs to someone they trust (a family member or a close friend) or someone with legal experience - a lawyer or property management company.
If you are unable to negotiate and sign any papers yourself due to illness or travel, you should prepare this brief statement to choose a legal representative who will protect your interests when dealing with property sellers and buyers, tenants, or financial institutions (for instance, when you want to refinance a mortgage to get a better rate).
This document will be enforceable if you determine the scope of actions the agent is entrusted with, whether it is a single transaction or a long-term arrangement to monitor real estate, and notarize the papers - a notary seal will serve as proof you are willing to appoint an agent to help you with real estate matters.
Still looking for a particular form? Take a look at the related forms below: