Yonkers New York Deed With Full Covenants by Individual is a legal document used in real estate transactions in Yonkers, New York. This type of deed provides a guarantee from the individual seller (granter) to the buyer (grantee) that they have full ownership and the right to transfer the property. In this type of deed, the granter agrees to defend the title against any claims or challenges that may arise in the future. This ensures that the grantee will hold clear and marketable title to the property. The full covenants also include promises that the granter has the legal right to sell the property, that it is free from liens or encumbrances, and that no other individual has a valid claim on it. There are different variations of Yonkers New York Deed With Full Covenants by Individual, including: 1. General Warranty Deed: This is the most common type of Yonkers deed, providing the broadest protection to the grantee. It guarantees the title against any claims, even those that may have arisen before the granter acquired the property. 2. Special Warranty Deed: With this type of deed, the granter guarantees the title against any claims that may have arisen during their ownership of the property, but not against claims that predate their ownership. 3. Quitclaim Deed: This type of deed offers the least amount of protection to the grantee. The granter simply transfers their interest in the property to the grantee without making any guarantees about the title. When using Yonkers New York Deed With Full Covenants by Individual, it is essential to have the document prepared by a qualified attorney in order to ensure that all legal requirements are met. Additionally, both the granter and the grantee must sign the deed in the presence of a notary public to make it legally binding. In conclusion, Yonkers New York Deed With Full Covenants by Individual is a legally binding document that provides a guarantee from the seller to the buyer regarding the title of a property in Yonkers, New York. Different types of this deed, including General Warranty Deed, Special Warranty Deed, and Quitclaim Deed, offer varying levels of protection to the grantee. It is crucial to consult a legal professional while drafting or executing such a deed to ensure compliance with the law.
Yonkers New York Deed With Full Covenants by Individual
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