New York Transfer Form (Commercial Part 2) is a form used to transfer ownership of a commercial property in the state of New York. It is a legal document used to establish the transfer of real estate ownership from one party (the seller) to another (the buyer). The form is composed of two parts: Part 1 is the deed/title transfer document, and Part 2 is the financing/closing disclosure document. Part 1 requires the seller to provide information about the property, such as property address, purchase price, deed restrictions, and other legal requirements. Part 2 requires both parties to provide information about the sale, including the buyer's name and address, the purchase price, the loan amount, and other closing costs. There are three different types of New York Transfer Forms (Commercial Part 2): (1) Standard Transfer Form (Commercial Part 2), (2) Electronic Transfer Form (Commercial Part 2), and (3) Limited Transfer Form (Commercial Part 2).
New York Transfer Form (Commercial Part 2)
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