Power of Attorney for Real Estate Transactions (New York Statutory Short Form) | Practical Law
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A Standard Document power of attorney for use in a commercial or residential real estate transaction in New York State. A principal uses a power of attorney to designate an agent to execute documents and take other actions on their behalf. This Standard Document is based on the New York statutory short form of a power of attorney and includes a form of affidavit of effectiveness or full force affidavit. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.