Bronx New York Quitclaim Deed from Individual to Two Individuals in Joint Tenancy

State:
New York
County:
Bronx
Control #:
NY-02A-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Individual to Two Individuals in Joint Tenancy form is a Quitclaim Deed where the Grantor is an individual and the Grantees are two individuals. Grantor conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This form complies with all state statutory laws.

A Bronx New York Quitclaim Deed from an Individual to Two Individuals in Joint Tenancy is a legal document that transfers ownership of a property in the Bronx, New York, from one individual to two individuals as joint tenants. This type of deed ensures that both individuals have equal rights to the property and, in the event of one person's death, the surviving individual automatically becomes the sole owner. Keywords: Bronx New York Quitclaim Deed, individual, two individuals, joint tenancy, legal document, transfer ownership, property, equal rights, sole owner, death. There are different types of Bronx New York Quitclaim Deeds from an Individual to Two Individuals in Joint Tenancy: 1. Bronx New York Interspousal Quitclaim Deed to Two Individuals in Joint Tenancy: This type of quitclaim deed is utilized when an individual wants to transfer ownership of a property to their spouse and another individual as joint tenants. It ensures equal rights and responsibilities for both parties. 2. Bronx New York Parent-to-Child Quitclaim Deed to Two Individuals in Joint Tenancy: This type of quitclaim deed is used when a parent wishes to transfer ownership of a property to their child and another individual as joint tenants. It allows both parties to share equal ownership rights and responsibilities. 3. Bronx New York Joint Venture Quitclaim Deed to Two Individuals in Joint Tenancy: This type of quitclaim deed is employed when two individuals want to enter into a joint venture or business partnership and acquire a property together. It ensures that both parties have equal interests and obligations related to the property. 4. Bronx New York Estate Planning Quitclaim Deed to Two Individuals in Joint Tenancy: This type of quitclaim deed is employed as part of estate planning to transfer property ownership to two individuals who have a close familial or personal relationship. It allows for seamless ownership transition and avoids potential probate issues. In conclusion, a Bronx New York Quitclaim Deed from an Individual to Two Individuals in Joint Tenancy is a legal document used to transfer ownership rights to a property in the Bronx, New York, to two individuals. It ensures equal rights and responsibilities for both parties involved. Different types of quitclaim deeds in joint tenancy include Interspousal deeds, Parent-to-Child deeds, Joint Venture deeds, and Estate Planning deeds.

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FAQ

New York law requires that the grantor/seller (the individual making the transfer) sign the deed. The deed must be signed and acknowledged before a qualified New York notary public. If signed and notarized outside the United States, except for Canada, the deed must include a certificate of authentication.

Fees to File a Quitclaim Deed in New York The fees to file a New York quitclaim deed vary from county to county, but some of the fees are similar. As of 2018, the basic fee for filing a quitclaim deed of residential or farm property is $125, while the fee for all other property is $250.

A quit claim deed, or what's also spelled as a quitclaim deed, is a New York legal document that transfers title to a real estate property but makes no promises at all about the owner's title.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

If you need to remove a name from a title deed for a property with a mortgage on it, you will need written consent to do so from the lender. Generally, it is easier to obtain this if the person(s) left on the title deed is (are) sufficiently financially secure.

The quitclaim deed must be in writing. For real estate in New York City, quitclaim deeds typically require two main forms: Form RP-5217NYC and Form TP-584. Many parties hire attorneys to prepare these documents for them. Most quitclaim deeds in New York require the grantor's signature.

The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owner's interest in the property.

It usually takes four to six weeks to complete the legal processes involved in the transfer of title.

More info

Written. Two parties generally cannot execute a valid quitclaim deed with an oral agreement.Transfer a deed from an individual to a Corporation, LLC or Trust. Joint Tenancy Real Estate . A quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of ownership. Adjudication of neglect and the child is in the court-ordered custody of a department, agency, institution, or person other than the parent. Rare in the market for residential real estate. 2.

If you have any questions, please contact the Legal Team directly at for assistance. If you already have a copy of the deed for your property, contact the owner and×or the lender. If you have not received a copy of the deed, contact the Property Administrator at to locate the file and retrieve an unaltered copy before you start. If you received a copy of the deed, please contact the Office of Property Preservation×Mortgage at for questions regarding mortgage-related issues. Click the link above to download a sample of any unaltered deed that you might need. This item has been developed and approved by the Open Society Foundations. SOCIAL JUSTICE OPPORTUNITIES Citizens United v. FEC. In 2010, the Supreme Court held that independent expenditures made by outside groups to influence federal elections were protected by the First Amendment from disclosure under the Federal Government Speech Act of 1934.

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Bronx New York Quitclaim Deed from Individual to Two Individuals in Joint Tenancy