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When it comes to transferring property ownership in New York, the Deed form is a crucial document that plays a significant role in the real estate process. This form not only outlines the specifics of the transaction but also serves to protect the interests of both the buyer and the seller. Key components of the Deed include details about the parties involved, a clear description of the property being transferred, and the signature of the grantor, which is essential for validating the transfer. Additionally, the form may include information about any liens or encumbrances on the property, ensuring that the buyer is fully informed. Understanding the nuances of the New York Deed form is vital for anyone involved in a real estate transaction, as it sets the foundation for a legally binding agreement and helps facilitate a smooth transfer of ownership.

PDF Specifics

Fact Name Details
Definition A New York Deed form is a legal document used to transfer ownership of real property.
Types of Deeds Common types include Warranty Deeds, Quitclaim Deeds, and Bargain and Sale Deeds.
Governing Law The transfer of property in New York is governed by the New York Real Property Law.
Signature Requirements The deed must be signed by the grantor (the seller) and acknowledged before a notary public.
Recording To be effective against third parties, the deed must be recorded in the county where the property is located.
Consideration The deed should state the consideration (payment) for the property, though it is not always required.
Legal Description A complete legal description of the property must be included to identify it accurately.

How to Write New York Deed

After obtaining the New York Deed form, you will need to complete it accurately to ensure a smooth transfer of property ownership. This process involves gathering necessary information and filling out specific sections of the form. Follow the steps below to complete the form correctly.

  1. Begin by entering the date at the top of the form.
  2. Next, provide the name(s) of the grantor(s) (the person(s) transferring the property).
  3. In the following section, list the name(s) of the grantee(s) (the person(s) receiving the property).
  4. Include the property address, ensuring it is complete with street number, street name, city, and zip code.
  5. Describe the property in detail. This can include the lot number, block number, and any other identifying information.
  6. Indicate the consideration amount, which is the price paid for the property.
  7. Sign the form in the designated area. If there are multiple grantors, each must sign.
  8. Have the signatures witnessed by a notary public to ensure validity.
  9. Finally, submit the completed form to the appropriate county clerk's office for recording.

New York Deed Example

New York Deed Template

This deed is executed pursuant to the laws of the State of New York.

THIS DEED made this ___ day of __________, 20__, by and between:

  • Grantor: ____________________________________________
  • Address: ____________________________________________

and

  • Grantee: ____________________________________________
  • Address: ____________________________________________

WITNESSETH:

That the Grantor, for and in consideration of the sum of $_____________ (the “Consideration”), the receipt and sufficiency of which are hereby acknowledged, does hereby grant, convey, and confirm unto the Grantee, the following described real property, situated in the County of _______________, State of New York:

To wit:

_____________________________________________________________

_____________________________________________________________

Along with all the rights, privileges, and appurtenances thereto in any way belonging.

IN WITNESS WHEREOF, the Grantor has signed this deed the day and year first above written.

_______________________________
Grantor's Signature

_______________________________
Grantor's Name (Printed)

STATE OF NEW YORK
COUNTY OF _______________________

On this ___ day of __________, 20__, before me, a Notary Public in and for said State, personally appeared ____________________, known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within Instrument, and acknowledged to me that he/she executed the same in his/her capacity, and that by his/her signature on the instrument, the individual or the person upon behalf of which the individual acted, executed the instrument.

Notary Public Signature: ________________________________

My Commission Expires: ________________________________