Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee - New York 2025

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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. This Standard Document has integrated notes with important explanations and drafting tips for both grantors and grantees.
The Grantee is the buyer, recipient, new owner, or lien holder. When vs. appears on legal documents, the Grantor is on the bottom, the Grantee is on the top.
The short answer is: You, the homeowner, typically hold the deed to your house, even when you have a mortgage.
A general warranty deed protects the buyer by guaranteeing the seller has full title, is the sole property owner and has the right to sell the property. It also assures the seller does not know of any property issues that may arise. A mortgage company typically prepares the general warranty deed.
A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.
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No, a warranty deed does not prove ownership. A title search is the best way to prove that a grantor rightfully owns a property. The warranty deed is a legal document that offers the buyer protection. In other words, the property title and warranty deed work in tandem together.
The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).

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