Rochester New York Warranty Deed from two Individuals to Two Individuals

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• City: Rochester
• Control #: NY-SDEED-8-2
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantors are two individuals and the grantees are two individuals. A Rochester New York Warranty Deed from two individuals to two individuals is a legal document used to transfer ownership of real estate property from two current property owners (granters) to two new property owners (grantees), while also guaranteeing that the property is free of any undisclosed claims or liens. This type of deed provides a warranty or guarantee to the grantees that the granters have full ownership rights to transfer the property and that the property is free from any defects in title, unless stated otherwise in the deed. There are three common types of Rochester New York Warranty Deeds from two individuals to two individuals: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantees as it guarantees that the granters possess complete ownership of the property, and that the property is free from any claims or encumbrances, even if they were caused by previous owners. The granters also provide a promise to defend the title against any claims that may arise in the future. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a warranty that is limited to the time period during which the granters owned the property. It guarantees that the granters have not caused any defects in the title during their ownership, but it does not cover any potential issues caused by previous owners. 3. Quitclaim Deed: This type of deed is less common in situations where a warranty deed is preferred, as it provides the lowest level of protection for the grantees. A quitclaim deed simply transfers whatever interest the granters have in the property without providing any warranty or guarantee regarding the title's quality. It is often used in situations where a property is transferred between family members or in divorces. When executing a Rochester New York Warranty Deed from two individuals to two individuals, it is crucial to consult with legal professionals and obtain proper legal advice to ensure that the rights and interests of both parties are adequately protected throughout the process.

A Rochester New York Warranty Deed from two individuals to two individuals is a legal document used to transfer ownership of real estate property from two current property owners (granters) to two new property owners (grantees), while also guaranteeing that the property is free of any undisclosed claims or liens. This type of deed provides a warranty or guarantee to the grantees that the granters have full ownership rights to transfer the property and that the property is free from any defects in title, unless stated otherwise in the deed. There are three common types of Rochester New York Warranty Deeds from two individuals to two individuals: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantees as it guarantees that the granters possess complete ownership of the property, and that the property is free from any claims or encumbrances, even if they were caused by previous owners. The granters also provide a promise to defend the title against any claims that may arise in the future. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a warranty that is limited to the time period during which the granters owned the property. It guarantees that the granters have not caused any defects in the title during their ownership, but it does not cover any potential issues caused by previous owners. 3. Quitclaim Deed: This type of deed is less common in situations where a warranty deed is preferred, as it provides the lowest level of protection for the grantees. A quitclaim deed simply transfers whatever interest the granters have in the property without providing any warranty or guarantee regarding the title's quality. It is often used in situations where a property is transferred between family members or in divorces. When executing a Rochester New York Warranty Deed from two individuals to two individuals, it is crucial to consult with legal professionals and obtain proper legal advice to ensure that the rights and interests of both parties are adequately protected throughout the process.