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Warranty Deed from Corporation to Two Individuals - New York

Warranty Deed from Corporation to Two Individuals - New York 2026

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The document is a Warranty Deed that outlines the transfer of property from a corporation (the Grantor) to two individuals (the Grantees) as joint tenants with the right of survivorship. It includes details about the consideration for the transfer, legal descriptions of the property, and covenants regarding the title and encumbrances. The deed also specifies conditions related to easements and mineral rights, and it requires notarization for validation.

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Click ‘Get Form’ to open the Warranty Deed in the editor.
Begin by filling in the Grantor's details, including the corporation's name, state of incorporation, and address. This information is crucial as it identifies the entity transferring the property.
Next, enter the names of the Grantees (the two individuals receiving the property) along with their addresses. Ensure that both names are clearly stated as joint tenants with rights of survivorship.
In the section for legal description, attach Exhibit A which contains a detailed description of the property being transferred. This is essential for clarity and legal purposes.
Complete any additional fields regarding prior instrument references and encumbrances if applicable. This ensures transparency about any existing claims on the property.
Finally, have an authorized officer of the corporation sign and date the document. If required, include a notary acknowledgment to validate the transaction.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are the common problems with warranty deeds?

Special Warranty Deed Risks: The limited protection may expose buyers to title issues that arose before the sellers ownership period. This can be risky, especially for older properties or those with a complicated title history.

How do I transfer property to family members in NY?

The most direct method is through a gift deed, which legally transfers ownership without a sale. The deed must state the gift clearly, be docHubd, and filed with the county clerk. If the propertys value exceeds $19,000 in 2025, the giver must file IRS Form 709.

Can you transfer a warranty deed?

A warranty deedalso known as a general warranty deedis a specific type of deed that guarantees that the owner of the property owns it free and clear, and is able to transfer the property to the seller.

How do I transfer property to a family member tax free near New York?

Gifting Land to a Family Member in New York The land must be transferred through a gift deed and recorded with the county clerk. If the lands value exceeds $19,000 in 2025, you must file IRS Form 709. You should also confirm that the land complies with zoning laws and isnt affected by liens or boundary issues.

What is a warranty deed in New York?

A Standard Document for a full covenant and warranty deed in New York facilitates the transfer of title to real property from a grantor to a grantee, offering substantial protection through comprehensive covenants.

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What is the best way to transfer a property to a family member?

Q: Can my parents simply give me their house? A: Yes they can transfer it using a gift deed without any payment in return. However, doing so may trigger federal gift tax filing requirements (and in rare cases, actual gift taxes) if the homes value exceeds annual and lifetime thresholds.

Warranty Deed from Corporation to Two Individuals - New York 2026

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