New Jersey Real Estate (Property) Power of Attorney Form
The New Jersey Real Estate (Property) Power of Attorney attends to the matter of an individual (lawfully referred to as the Principal) electing a person or company (their Agent) to carry out real estate transaction in their stead. The decision making powers they must grant their Agent so that they can complete any tasks assigned to them may be active for:
- A specific time period (e.g. for one year, starting from the date of execution),
- The duration of a particular task (e.g. the duration of time it takes to sell a house), or
- The period of time up until the Principal’s incapacitation or death.
State Laws & Signing Requirements
State Laws – Revised Durable Power of Attorney Act
- The Principal must appear before an officer and acknowledge that the Power of Attorney was executed as the Principal’s own act.
- The officer signs a certificate stating that acknowledgment or proof, and the certificate must also include the statements noted in R.S.46:14-2.1.
- The signing must take place before one (1) witness.