This form is a Warranty Deed where the grantors are three individuals and the grantees are two individuals or husband and wife. Grantors convey and warrant the described property to grantees. If grantees are individuals, they may take the property as joint tenants with the right of survivorship or as tenants in common. If the grantees are husband and wife, they may take the property as tenants by the entireties, joint tenants with the right of survivorship, or as tenants in common. This deed complies with all state statutory laws.
A Bronx New York Warranty Deed — Three Individuals to Husband and Wife is a legally binding document that transfers ownership of real property located in the Bronx, New York from three individuals collectively to a married couple. It provides a guarantee or warranty that the property is free from any liens, encumbrances, or claims, ensuring the buyer's title to the property is clear and unencumbered. The specific types of Bronx New York Warranty Deed — Three Individuals to Husband and Wife can vary based on the circumstances and requirements of the parties involved, such as: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer and guarantees that the sellers will defend the title against any future claims. 2. Special Warranty Deed: While similar to a general warranty deed, a special warranty deed limits the sellers' warranty to only the time they owned the property and does not cover any defects or claims that existed prior to their ownership. 3. Bargain and Sale Deed: This type of deed transfers the property from the sellers to the buyers but does not provide any specific warranties or guarantees. It implies that the sellers have the legal right to transfer the property, but it does not protect the buyer against any future claims or defects. 4. Quitclaim Deed: In a quitclaim deed, the sellers transfer their interest in the property without making any warranties or guarantees. It essentially releases any claims they may have on the property, leaving the buyer to assume any potential risks or defects associated with the property. In summary, a Bronx New York Warranty Deed — Three Individuals to Husband and Wife is a legal document used to transfer property ownership from three individuals to a married couple in the Bronx, New York. It provides assurances that the property is free from any liens or encumbrances, thereby ensuring a clear title for the buyers. The specific type of warranty deed used may vary based on the level of protection desired by the parties involved.A Bronx New York Warranty Deed — Three Individuals to Husband and Wife is a legally binding document that transfers ownership of real property located in the Bronx, New York from three individuals collectively to a married couple. It provides a guarantee or warranty that the property is free from any liens, encumbrances, or claims, ensuring the buyer's title to the property is clear and unencumbered. The specific types of Bronx New York Warranty Deed — Three Individuals to Husband and Wife can vary based on the circumstances and requirements of the parties involved, such as: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer and guarantees that the sellers will defend the title against any future claims. 2. Special Warranty Deed: While similar to a general warranty deed, a special warranty deed limits the sellers' warranty to only the time they owned the property and does not cover any defects or claims that existed prior to their ownership. 3. Bargain and Sale Deed: This type of deed transfers the property from the sellers to the buyers but does not provide any specific warranties or guarantees. It implies that the sellers have the legal right to transfer the property, but it does not protect the buyer against any future claims or defects. 4. Quitclaim Deed: In a quitclaim deed, the sellers transfer their interest in the property without making any warranties or guarantees. It essentially releases any claims they may have on the property, leaving the buyer to assume any potential risks or defects associated with the property. In summary, a Bronx New York Warranty Deed — Three Individuals to Husband and Wife is a legal document used to transfer property ownership from three individuals to a married couple in the Bronx, New York. It provides assurances that the property is free from any liens or encumbrances, thereby ensuring a clear title for the buyers. The specific type of warranty deed used may vary based on the level of protection desired by the parties involved.