Warranty Deed from Corporation to Two Individuals - New York 2025

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0:18 2:05 It proves ownership and gets updated when property changes hands when a corporation transfersMoreIt proves ownership and gets updated when property changes hands when a corporation transfers property. They sign a deed this deed needs to be as official as a referees whistle.
Real property can be transferred in many different ways, both voluntarily and involuntarily. There are three ways you can voluntarily transfer or grant an interest in real property while you are living: by sale, gift or dedication.
Self-filing the deed without an attorney is the most economical option for transferring real property title. However, it requires careful attention to detail. The Registers Office wont provide assistance or highlight mistakes in the paperwork.
The most common are the warranty deed and the quitclaim deed. A warranty deed guarantees that the grantor owns the property free of any claims, liens, or other issues, while a quitclaim deed simply transfers the grantors interest in the property without any guarantees about ownership or liens.
The two parties involved in a warranty deed are the seller, known as the grantor, and the buyer, or the grantee, and either party can be an individual or a business. Most lenders require a warranty deed for properties they finance.
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Documents Needed for Title Transfer For a successful property title transfer in New York, the process begins with the creation of a new deed, which is essential for legally documenting the change of ownership. This deed must be signed by the grantor and notarized to confirm its authenticity.
Both the grantor and the grantee must sign it, usually in the presence of a notary. Then the deed must be filed in the county registrars office to be legally enforceable. Once filed, the legal transfer of the property is complete.

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