Free New York Real Estate Power of Attorney Form Template

A New York real estate power of attorney form appoints an agent to handle real property matters for you. Title 15 of Article 5 of the General Obligations Law governs it, and section 5-1501B sets execution rules, updated for powers signed after June 13, 2021.

Section 5-1501B sets strict execution rules.

Legible Type

The power of attorney must be typed or printed in letters no smaller than 12-point, or a reasonable equivalent if handwritten.

Signed, Initialed, and Dated

It must be signed, initialed, and dated by a principal with capacity, or in the principal’s name by another person.

Acknowledged Like a Deed

The principal’s signature must be acknowledged in the manner prescribed for the acknowledgment of a conveyance of real property.

Two Witnesses

Two people must witness it. The notary may be one of them, but a witness can’t be an agent, a successor agent, or a permissible recipient of gifts under the document.

Agents Sign Too

Each agent signs and acknowledges an acceptance before acting, which may be done at a later date.

Yes, two, in addition to the notary acknowledgment. The notary taking the acknowledgment may serve as one of the two witnesses.

For real estate, Real Property Law section 294 lets a power of attorney containing a power to convey real property be recorded once it is acknowledged in the manner that entitles a conveyance to be recorded.

Tip: Don’t ask your agent or anyone who may receive gifts under the document to witness your New York real estate power of attorney form. The law disqualifies them.

Follow section 5-1501B:

1. Use type no smaller than 12-point.
2. Name yourself as principal and your agent.
3. Identify the property and the powers you grant.
4. Sign, initial, and date it before a notary and two qualified witnesses.
5. Have your agent sign and acknowledge the acceptance.
6. Record it if your agent will convey real property.

Cover these points:

• Principal’s and agent’s names
• The property and the powers granted
• Principal’s signature, initials, and date
• A notary’s acknowledgment and two witness signatures
• The agent’s signed and acknowledged acceptance

Document Genius’s step-by-step questionnaire covers each item. Your New York real estate power of attorney form is ready to sign in minutes.