Homepage Valid Deed Template Valid Quitclaim Deed Template Free Quitclaim Deed Document for New York State

Document Sample

New York Quitclaim Deed Template

This Quitclaim Deed is executed in accordance with the laws of the State of New York.

This Deed, made this ____ day of __________, 20__, by and between:

  • Grantor: ___________________________________
  • Address: ___________________________________
  • City, State, ZIP: ________________________

and

  • Grantee: ___________________________________
  • Address: ___________________________________
  • City, State, ZIP: ________________________

WITNESSETH, that for and in consideration of the sum of $__________________ and other valuable consideration, the Grantor does hereby convey and quitclaim to the Grantee, all right, title, and interest which the Grantor has in and to the following described real property:

Property Description:

______________________________________________________________________

______________________________________________________________________

This conveyance is made subject to any and all easements, restrictions, and rights-of-way, if any, affecting said property.

IN WITNESS WHEREOF, the Grantor has executed this Quitclaim Deed on the day and year first above written.

_______________________________

Grantor Signature

_______________________________

Print Name

_______________________________

Notary Public

My Commission Expires: ________________

State of New York, County of ________________________

On this ____ day of __________, 20__, before me, the undersigned, a Notary Public in and for said State, personally appeared ___________________________________, known to me to be the person whose name is subscribed to the within instrument and acknowledged that they executed the same.

_______________________________

Notary Public Signature

Form Data

Fact Name Description
Definition A quitclaim deed is a legal document used to transfer ownership of real estate from one party to another without any warranties or guarantees about the property title.
Governing Law In New York, quitclaim deeds are governed by the New York Real Property Law, specifically sections 244-255.
No Warranty Unlike warranty deeds, a quitclaim deed offers no assurance that the grantor holds a valid title to the property.
Common Uses Quitclaim deeds are often used among family members, in divorce settlements, or to clear up title issues.
Filing Requirements To be effective, a quitclaim deed must be signed by the grantor and may need to be notarized before being filed with the county clerk's office.
Tax Implications While a quitclaim deed itself may not trigger transfer taxes, it is important to consider potential tax implications related to the property transfer.
Revocation Once executed and delivered, a quitclaim deed generally cannot be revoked without the consent of the parties involved.

New York Quitclaim Deed - Usage Guidelines

Once you have the New York Quitclaim Deed form in hand, it's time to fill it out carefully. This document requires accurate information to ensure a smooth transfer of property rights. Follow these steps closely to complete the form correctly.

  1. Obtain the Form: Download the New York Quitclaim Deed form from a reliable source or visit your local county clerk's office to get a physical copy.
  2. Enter Grantor Information: Fill in the name of the person transferring the property (the grantor). Include their address and any other required identifying information.
  3. Enter Grantee Information: Next, provide the name of the person receiving the property (the grantee). Make sure to include their address as well.
  4. Describe the Property: Clearly describe the property being transferred. Include the address, lot number, and any other relevant details that identify the property.
  5. State the Consideration: Indicate the amount of money or value exchanged for the property. If it is a gift, you can state "for love and affection" or similar wording.
  6. Sign the Document: The grantor must sign the form in the presence of a notary public. Ensure that the signature is clear and matches the name provided earlier.
  7. Notarization: Have the notary public complete their section, which may include their signature and seal. This step is crucial for the document's validity.
  8. File the Deed: Submit the completed Quitclaim Deed to the county clerk’s office in the county where the property is located. Pay any required filing fees.

After completing these steps, keep a copy of the filed deed for your records. This document serves as proof of the property transfer and may be necessary for future transactions or legal matters.

Dos and Don'ts

When filling out the New York Quitclaim Deed form, it's essential to approach the task with care. Here are some important do's and don'ts to keep in mind:

  • Do ensure that all names are spelled correctly. Accuracy is crucial for legal documents.
  • Do include the correct property description. This helps avoid any confusion about the property being transferred.
  • Do sign the form in front of a notary public. This adds a layer of legitimacy to the document.
  • Do keep a copy of the completed form for your records. It's important to have documentation of the transaction.
  • Do check for any outstanding liens or mortgages on the property before transferring ownership.
  • Don't leave any sections blank. Incomplete forms can lead to delays or rejections.
  • Don't use incorrect legal terms or jargon. Clarity is key in legal documents.
  • Don't forget to date the document. An undated form may raise questions about its validity.
  • Don't rush through the process. Take your time to ensure everything is filled out correctly.
  • Don't overlook local regulations. Familiarize yourself with any specific requirements in your area.

Common mistakes

  1. Incorrect Names: Individuals often make mistakes by not using the full legal names of the grantor and grantee. Abbreviations, nicknames, or initials can lead to confusion or disputes regarding ownership.

  2. Failure to Include a Legal Description: A common error is omitting a precise legal description of the property. This description should clearly identify the location and boundaries of the property being transferred. Without it, the deed may be deemed invalid.

  3. Not Notarizing the Document: Many people neglect to have the Quitclaim Deed notarized. A notarized signature is essential for the document to be considered valid and enforceable in the eyes of the law.

  4. Improper Execution: The deed must be signed correctly by the grantor, and in some cases, witnesses may be required. Failing to follow the execution requirements can result in the deed being challenged or rejected.