Document significance in English. A notarized power of attorney to a realtor for selling an apartment in Russia authorizes the representative to handle marketing, viewings and end-to-end transaction management without signing the final sale contract or controlling the seller’s funds.

It legally delegates to the agent the placement of ads, property showings, collection and filing of documents with MFC, Rosreestr and BTI, obtaining EGRN extracts, utility and registration certificates, negotiating deal terms with buyers and banks, preparing draft agreements, scheduling with a notary, coordinating buyer’s mortgage requirements and arranging secure settlements via letter of credit, escrow or a bank safe deposit box, managing keys for inspections and tracking registration status to resolve suspensions.

This document supports compliance and enables convenient remote closings. It is useful when the owner lives in another city or abroad, travels on business, lacks time or has health constraints, manages multiple properties, faces a buyer’s mortgage process, needs intensive pre-sale preparation and showings, or prefers to delegate negotiations and communication to a trusted professional.