This form is a Grant Deed where the Grantor is an Individual and the Grantee is an Individual. Grantor conveys and grants the described property to the Grantee. This deed complies with all state statutory laws.
A Suffolk New York Grant Deed from Individual to Individual is a legal document used to transfer real estate ownership from one individual to another in Suffolk County, New York. This type of deed ensures that the buyer receives clear and marketable title to the property. The granter, who is the current owner, transfers their interest in the property to the grantee, who becomes the new owner. The Suffolk New York Grant Deed must meet specific legal requirements, including the names and addresses of the granter and grantee, a legal description of the property, and a statement of consideration indicating the value exchanged for the property. The deed must also be signed by the granter in the presence of a notary public. There are different types of Suffolk New York Grant Deeds from Individual to Individual, each used in specific circumstances: 1. General Warranty Deed: This type of grant deed provides the broadest form of protection for the grantee. The granter warrants that they have clear title to the property, free from any liens or encumbrances, and will defend the grantee against any claims to the property. 2. Special Warranty Deed: In this type of grant deed, the granter warrants that they have clear title to the property during their ownership, but limits their liability to any defects or claims that may have arisen during their period of ownership. This means that the grantee may not have the same level of protection as with a general warranty deed. 3. Quitclaim Deed: This type of grant deed transfers the granter's interest in the property without any warranties or guarantees. The granter only conveys whatever interest they may have in the property, with no promises about the state of the title. Quitclaim deeds are often used in non-sale situations, such as divorces or transferring property between family members. Obtaining a Suffolk New York Grant Deed from Individual to Individual is crucial for both the granter and the grantee. It ensures a legal and smooth transfer of property ownership, protecting the buyer's investment and allowing the seller to relinquish their interest in the property.
