New York Real Estate For Salespersons Pdf

• Category: New York Real Estate - Deeds - Enhanced Life Estate or Lady Bird
• State: New York
• Control #: NY-02-82
• Format: Word; Rich Text

Description Enhanced Life Estate

This form is a Warranty Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantee Beneficiaries are two individuals. Grantor conveys the property to Grantees subject to an enhanced retained life estate. The Grantor retains the right to sell, encumber, mortgage or otherwise impair the interest Grantees might receive in the future, without joinder or notice to Grantees, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.