Bronx New York Bargain and Sale Deed with Covenant Against Grantors Acts - Two Individuals to an Individual

State:
New York
County:
Bronx
Control #:
NY-035-78
Format:
Word; 
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This form is a Bargain and Sale Deed with Covenants Against Grantor's Acts between two individuals, parties of the first part, and an individual as party of the second part. This deed complies with all state statutory laws.

Keywords: Bronx New York, Bargain and Sale Deed, Covenant Against Granters Acts, Two Individuals to an Individual Detailed Description: The Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts is a legal document used in real estate transactions within Bronx County. It signifies the transfer of ownership from two individuals to an individual buyer. This type of deed contains various essential elements and covenants to protect the interests of the buyer and ensure the validity of the transaction. The Bargain and Sale Deed denotes that the seller conveys their ownership interest in the property to the buyer. It implies that the property is being sold "as is," without any guarantees or warranties provided by the seller regarding title defects or other encumbrances. The Covenant Against Granters Acts clause within this deed serves as an assurance that the sellers (granters) have not taken any actions that could negatively affect the buyer's title to the property. It states that the sellers will defend the buyer against any claims or legal disputes arising from actions taken by the sellers or any prior owner. There may be different types of Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts — Two Individuals to an Individual, depending on specific circumstances and variations in the conveyance process. Some possible variations include: 1. Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts and General Warranty: This type of deed includes additional warranties from the sellers, providing the buyer with greater protection against any potential title defects or claims. 2. Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts — Quitclaim Deed: In this variation, the sellers transfer their ownership interest without making any warranties or guarantees about the property's condition or title. It offers the least amount of protection for the buyer. 3. Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts — Special Warranty: This type of deed only provides warranties for specific title issues that may have arisen during the sellers' ownership. It limits the scope of the sellers' liability compared to a general warranty deed. In conclusion, the Bronx New York Bargain and Sale Deed with Covenant Against Granters Acts — Two Individuals to an Individual is a legal document used to transfer property ownership within Bronx County. It offers a level of assurance through the Covenant Against Granters Acts clause, ensuring the buyer's protection against any claims or disputes arising from the sellers' actions. Different variations of this deed, such as those with general warranty, quitclaim, or special warranty provisions, exist to cater to specific needs and circumstances in real estate transactions.

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FAQ

A grant deed, also known as a special or limited warranty deed, is a legal document used to transfer real estate between a previous owner (the grantor) and a new owner (the grantee). A grant deed warrants that: The grantor has not transferred the property to anyone else, and.

Bargain and sale deed without covenants. - the grantor covenants that the title is valid, but does not warrant against encumbrances or promise to defend claims by other parties.

A property covenant is an agreement between two or more parties regarding certain use of a piece of real property. The covenant will either benefit or burden the landowner. A covenant that burdens the landowner is also called a restrictive covenant.

?DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee.? A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

In New York, a bargain and sale deed with covenant against grantor's acts provides the grantee with a covenant that the grantor has not committed any act that would encumber title to the real property being conveyed and the covenant under Section 13 of the New York Lien Law.

A bargain and sale with covenants against grantor's acts contains only one covenant or promise; that is, that the grantor has done nothing to encumber title with easements, liens, judgements and the like while owing the property. The covenant contained in the deed is considered personal. It does not run with the land.

A bargain and sale deed with covenant against grantor's acts warrants that the grantor has not performed any act that has encumbered the property. A covenant in the deed that the grantor will warrant against any acts occurring during his or her time of ownership is sufficient to provide this covenant.

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Learn about Probate on New York today. Bargain and Sale Deed, with Covenants against Grantor's Acts – Individual or Corporation.The historic campus of Bronx Community College sits atop a hill overlooking the Harlem River. Golf Course on a parcel of vacant land in the Town of Lewiston, New. York. Defendant Seneca Niagara Falls Gaming Corporation (SNFGC).

01) was authorized by the Trustees of the New York State Gaming Commission to enter into a ten-year limited gaming contract with SN FGC×.01 to occupy and develop a gaming space at the former Babbitt Golf Course property in the Town of Lewiston. The gaming contract was negotiated by SN FGC×., an entity formed as a subsidiary of SNL Capital, Inc. of New York; and by SN FGC×.01. The gaming space represents a 20,000-square-foot location on the Babbitt grounds, and is subject to conditions and limitations, including that it be used at full capacity throughout the term of the contract. The property has been leased for a term of approximately 1 year by SN FGC×.01 and is owned by SN FGC. Plaintiff is an entity with “substantial assets.” Defendant is the corporate successor company to a bankrupt corporation with substantial assets. The gaming contract was drafted when the bankruptcy was under way and the original contract was voided by the court.

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Bronx New York Bargain and Sale Deed with Covenant Against Grantors Acts - Two Individuals to an Individual