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Commonly Asked Questions about Quitclaim Deed Real Estate Forms

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid. The quitclaim deed carries no covenants or warranties.
To successfully file a quit claim deed in New York, you will need to fulfill a few essential qualifications: Written consent from both parties via Form TP-584 and Form RP-5217 (oral agreements do not qualify) Official notarization of forms. Payment of associated fees. Payment of any taxes owed on the property.
But generally, the fee for filing a quitclaim deed form is $125 for residential or farmland and $250 for all other property types. Find the New York county clerks office for the county in which the property exists to look up the exact filing fees for your purposes.
The New York State transfer tax is 0.4% for properties below $3,000,000 and 0.65% for those $3,000,000 and up. The New York City transfer tax is 1% for properties below $500,000 and 1.425% for those $500,000 and up. The transfer tax is based on the purchase price of the property.
To change a deed in New York City, you will need a deed signed and docHubd by the grantor. The deed must also be filed and recorded with the Office of the City Register. Transfer documents identifying if any taxes are due must also be filed and recorded with the City Register.
Quitclaim deed must be written and signed by grantor before a notary public. Must include legal description, property address, county, date, grantor and grantee names, and transfer amount (if any). File the quitclaim deed with the County Clerk or City Registrar.