Nassau New York Warranty Deed from Individual to Individual

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Nassau
• Control #: NY-02-78
• Format: Word; Rich Text

Description

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws. A Nassau New York Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property from one individual to another in Nassau County, New York. This type of deed provides certain warranty or guarantees to the buyer, ensuring that the property is free from any undisclosed liens, claims, or encumbrances. To execute a Nassau New York Warranty Deed from Individual to Individual, the seller (granter) must be the legal owner of the property and have the authority to transfer ownership. The buyer (grantee) must be willing to accept the property with the assurance that the seller holds clear title to the property. This specific type of warranty deed is commonly used in Nassau County, New York, and ensures the buyer's protection by providing covenants or guarantees that grant the buyer certain rights. These covenants typically include: 1. Covenant of basin: This guarantees that the seller is the legal owner of the property and has the right to transfer ownership. 2. Covenant of right to convey: This guarantees that the seller has the legal right to transfer ownership of the property. 3. Covenant against encumbrances: This guarantees that the property is free from any undisclosed liens, claims, or encumbrances, except those explicitly mentioned in the deed. 4. Covenant of general warranty: This guarantees that the seller will defend the buyer's ownership against any future claims to the property and will compensate for any losses incurred due to title defects. In addition to the standard Nassau New York Warranty Deed from Individual to Individual, there are other variations based on specific circumstances. Some of these variations include: 1. Limited Warranty Deed: This type of deed provides fewer warranties than the standard warranty deed. The seller only guarantees that they have not created any undisclosed encumbrances during their period of ownership. 2. Quitclaim Deed: This type of deed provides no warranties to the buyer. The seller simply transfers any interest or claim they have in the property to the buyer without guaranteeing clear title. It is important for both the buyer and seller to consult with legal professionals and conduct a thorough title search to ensure a smooth and legally binding transaction.

A Nassau New York Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property from one individual to another in Nassau County, New York. This type of deed provides certain warranty or guarantees to the buyer, ensuring that the property is free from any undisclosed liens, claims, or encumbrances. To execute a Nassau New York Warranty Deed from Individual to Individual, the seller (granter) must be the legal owner of the property and have the authority to transfer ownership. The buyer (grantee) must be willing to accept the property with the assurance that the seller holds clear title to the property. This specific type of warranty deed is commonly used in Nassau County, New York, and ensures the buyer's protection by providing covenants or guarantees that grant the buyer certain rights. These covenants typically include: 1. Covenant of basin: This guarantees that the seller is the legal owner of the property and has the right to transfer ownership. 2. Covenant of right to convey: This guarantees that the seller has the legal right to transfer ownership of the property. 3. Covenant against encumbrances: This guarantees that the property is free from any undisclosed liens, claims, or encumbrances, except those explicitly mentioned in the deed. 4. Covenant of general warranty: This guarantees that the seller will defend the buyer's ownership against any future claims to the property and will compensate for any losses incurred due to title defects. In addition to the standard Nassau New York Warranty Deed from Individual to Individual, there are other variations based on specific circumstances. Some of these variations include: 1. Limited Warranty Deed: This type of deed provides fewer warranties than the standard warranty deed. The seller only guarantees that they have not created any undisclosed encumbrances during their period of ownership. 2. Quitclaim Deed: This type of deed provides no warranties to the buyer. The seller simply transfers any interest or claim they have in the property to the buyer without guaranteeing clear title. It is important for both the buyer and seller to consult with legal professionals and conduct a thorough title search to ensure a smooth and legally binding transaction.