Transferring Property Deeds

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Commonly Asked Questions about Transferring Property Deeds

How do I transfer a property deed in NY?

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.

What does it mean if your name is on the deed?

If your name is on a deed to a house, then that means that you are the property owner. Having your name on a deed means that you have property title, which represents a set of rights you have as a homeowner.

How much is it to transfer a deed in NY?

The filing fee is generally $125 for residential and farm properties and $250 for all other properties. The county clerks office collects the RP-5217 filing fee. The county clerks office should be reviewing the RP-5217 forms for completeness, not for accuracy.

How much is NY transfer tax?

Sellers pay a combined NYC NYS Transfer Tax rate of 2.075% for sale prices of $3 million or more, 1.825% for sale prices above $500k and below $3 million, and 1.4% for sale prices of $500k or less.

How much is it to record a deed in New York?

Real Property Recording Fees $49.00 + $10.00 per page for Cover Page. Minimum for 2 pages = $64.00 ($49.00 + 1 Cover Page + 1 document page). $2.00 for each additional block in excess of one.

How much is the deed transfer fee in NY?

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.

How do I add someone to a deed in New York?

How do you add a name to a house deed in NY State? Property owners in New York state cannot add or change a name on a deed or title. Instead, they must file a new deed reflecting the change. However, if there is an error on the document, they can file a correction deed.

How to get a copy of a deed in New York?

Call 311 or 212-NEW-YORK (212-639-9675) for help. You can request a certified or uncertified copy of property records online or in person. Certified copies cost $4 per page. Uncertified copies printed at a City Register Office cost $1 per page.