Legal Question in Real Estate Law in New York

A durable power-of-attorney provides an agent with powers that are not affected by the subsequent disability or incapacity of the principal or by the lapse of time. Your question has nothing to do with whether your POA is durable. Rather, it appears that the bank is questioning whether the POA (durable or not) authorizes you to act on behalf of your parents with regard to the refinancing. I suggest reviewing the text of the POA and, if the bank is correct, preparing another POA.

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sounds like the Bank is being very demanding. You could use a lawyer's help in any case, to get this done. Give me a call, make an appointment to come see me, and I will go over this with you, and give you some advice.

Robert Davies, Esq. 201-820-3460

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

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