Yonkers Deed

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• City: Yonkers
• 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 Yonkers New York Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real estate from one person to another. It provides the buyer with a guarantee or "warranty" that the seller has clear and marketable title to the property, and that they have the legal right to sell it. This type of deed is commonly used in Yonkers, New York, to ensure a smooth and secure real estate transaction between individuals. It is important for both parties involved to understand the different types of warranty deeds that can be used in Yonkers, New York, to tailor the agreement to their specific needs. Here are some of the main types of warranty deeds in Yonkers: 1. General Warranty Deed: This is the most comprehensive type of warranty deed. It provides the broadest form of protection for the buyer by warranting the title against any defects or claims, even those that occurred prior to the seller's ownership. 2. Special Warranty Deed: This deed offers a more limited guarantee than the general warranty deed. It warrants the title only against claims or defects that arose during the seller's period of ownership. It does not cover any issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is often used in Yonkers, New York, to transfer property between individuals. Unlike the warranty deeds, a quitclaim deed does not provide any guarantee of the seller's ownership or the property's title. The Yonkers New York Warranty Deed from Individual to Individual typically includes essential details such as the names and addresses of the buyer and seller, a legal description of the property, the purchase price, and other relevant terms and conditions agreed upon by both parties. In conclusion, a Yonkers New York Warranty Deed from Individual to Individual is a vital legal document that facilitates the transfer of property ownership. By understanding the different types of warranty deeds available, individuals can choose the most appropriate option that aligns with their specific requirements and provides them with the necessary protections.

A Yonkers New York Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real estate from one person to another. It provides the buyer with a guarantee or "warranty" that the seller has clear and marketable title to the property, and that they have the legal right to sell it. This type of deed is commonly used in Yonkers, New York, to ensure a smooth and secure real estate transaction between individuals. It is important for both parties involved to understand the different types of warranty deeds that can be used in Yonkers, New York, to tailor the agreement to their specific needs. Here are some of the main types of warranty deeds in Yonkers: 1. General Warranty Deed: This is the most comprehensive type of warranty deed. It provides the broadest form of protection for the buyer by warranting the title against any defects or claims, even those that occurred prior to the seller's ownership. 2. Special Warranty Deed: This deed offers a more limited guarantee than the general warranty deed. It warrants the title only against claims or defects that arose during the seller's period of ownership. It does not cover any issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is often used in Yonkers, New York, to transfer property between individuals. Unlike the warranty deeds, a quitclaim deed does not provide any guarantee of the seller's ownership or the property's title. The Yonkers New York Warranty Deed from Individual to Individual typically includes essential details such as the names and addresses of the buyer and seller, a legal description of the property, the purchase price, and other relevant terms and conditions agreed upon by both parties. In conclusion, a Yonkers New York Warranty Deed from Individual to Individual is a vital legal document that facilitates the transfer of property ownership. By understanding the different types of warranty deeds available, individuals can choose the most appropriate option that aligns with their specific requirements and provides them with the necessary protections.