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Commonly Asked Questions about Warranty Deed Form

Key Takeaways. A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.
Call 311 or 212-NEW-YORK (212-639-9675) for help. Request a Document from 1966 to Present. You can request a certified or uncertified copy of property records online or in person. Cost. Online. Property owners of all boroughs except Staten Island can visit ACRIS. In Person.
A deed transferring title to commercial or residential real property from the grantor to the grantee. In New York, a full covenant and warranty deed provides the grantee with general covenants made by the grantor and the covenant under Section 13 of the New York Lien Law.
A New York general warranty deed, also known as a deed with full covenants, is a document used to transfer the ownership of real estate. The deed provides a warranty from the seller (grantor) that the title is clean, and that if any unforeseen claims to it arise, the seller will defend the buyer.
A marketable title is the warranty of good title against infringement, which implies no liens or encumbrances. If there is a title defect that impairs the titles marketability, the buyer can rescind the contract or sue the seller for bdocHub of contract.
Another implied warranty is the warranty of title, which implies that the seller of goods has the right to sell them (e.g., they are not stolen, or patent infringements, or already sold to someone else).
A warranty of title is a guarantee from the seller that they can legally sell the home and that there are no liens on it. A lien on a home gives someone a legal claim to a portion of a property for money owed.