Queens Bargain

• Category: New York Real Estate - Deeds - Statutory
• State: New York
• County: Queens
• Control #: NY-02284
• Format: Word; Rich Text

Description

This form, a Bargain and Sale Deed (Statutory Form BB) without Covenant against Grantor - Corporation, is easily completed or adapted to fit your circumstances. It is available for download now. Queens New York Bargain and Sale Deed Statutory Form BB is a legal document used by corporations in Queens, New York to transfer property ownership without any covenants against the granter. This specific form, known as Statutory Form BB, excludes the inclusion of any warranties or guarantees made by the corporation selling the property. Here is a detailed description of this type of deed: A Bargain and Sale Deed is a legally binding document that facilitates the transfer of property ownership from one party (the granter) to another party (the grantee). In the case of Queens, New York Bargain and Sale Deed Statutory Form BB, this deed is used specifically by corporations as a means to convey property without providing any covenants or warranties against the granter. This form, Statutory Form BB, is specifically designed without covenant against the granter by corporation. It means that the corporation selling the property does not provide any assurances or promises regarding the condition of the property, ownership rights, or any other potential defects that might impact the buyer's interest in the property. Therefore, if any issues arise after the sale, the buyer cannot hold the corporation accountable for addressing them. The purpose of this type of deed is to allow corporations to transfer property ownership quickly and without assuming responsibility for any potential legal disputes or liabilities associated with the property. By using the Queens New York Bargain and Sale Deed Statutory Form BB, corporations can maintain a level of protection against future claims and avoid the legal obligations typically associated with providing covenants and warranties. It is important to note that there may be different variations or modifications of the Queens New York Bargain and Sale Deed Statutory Form BB, depending on specific requirements or preferences. While specific names for these variations may not be readily available, corporations may seek legal advice to tailor the deed to meet their specific needs. For example, additional clauses or addendums may be added to clarify certain details of the property transfer or to address any unique circumstances of the transaction. In conclusion, the Queens New York Bargain and Sale Deed Statutory Form BB, Without Covenant against Granter by Corporation, is a legal instrument utilized by corporations in Queens, New York to convey property ownership without providing any assurances or covenants against the granter. By using this type of deed, corporations can streamline property transfers while limiting their legal obligations and potential liabilities.

Queens New York Bargain and Sale Deed Statutory Form BB is a legal document used by corporations in Queens, New York to transfer property ownership without any covenants against the granter. This specific form, known as Statutory Form BB, excludes the inclusion of any warranties or guarantees made by the corporation selling the property. Here is a detailed description of this type of deed: A Bargain and Sale Deed is a legally binding document that facilitates the transfer of property ownership from one party (the granter) to another party (the grantee). In the case of Queens, New York Bargain and Sale Deed Statutory Form BB, this deed is used specifically by corporations as a means to convey property without providing any covenants or warranties against the granter. This form, Statutory Form BB, is specifically designed without covenant against the granter by corporation. It means that the corporation selling the property does not provide any assurances or promises regarding the condition of the property, ownership rights, or any other potential defects that might impact the buyer's interest in the property. Therefore, if any issues arise after the sale, the buyer cannot hold the corporation accountable for addressing them. The purpose of this type of deed is to allow corporations to transfer property ownership quickly and without assuming responsibility for any potential legal disputes or liabilities associated with the property. By using the Queens New York Bargain and Sale Deed Statutory Form BB, corporations can maintain a level of protection against future claims and avoid the legal obligations typically associated with providing covenants and warranties. It is important to note that there may be different variations or modifications of the Queens New York Bargain and Sale Deed Statutory Form BB, depending on specific requirements or preferences. While specific names for these variations may not be readily available, corporations may seek legal advice to tailor the deed to meet their specific needs. For example, additional clauses or addendums may be added to clarify certain details of the property transfer or to address any unique circumstances of the transaction. In conclusion, the Queens New York Bargain and Sale Deed Statutory Form BB, Without Covenant against Granter by Corporation, is a legal instrument utilized by corporations in Queens, New York to convey property ownership without providing any assurances or covenants against the granter. By using this type of deed, corporations can streamline property transfers while limiting their legal obligations and potential liabilities.

Law summary