Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Queens
• Control #: NY-SDEED-8-9
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantors are four individuals and the grantees are two individuals holding title as tenants in common. Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common is a legal document that transfers the ownership of a property located in Queens, New York, from four individuals to two individuals, while designating them as tenants in common. A warranty deed is a type of deed that guarantees the granter's ownership of the property and promises to defend against any claims or disputes that may arise. In this specific context, the Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common involves the transfer of ownership rights and responsibilities of a property from four individuals to two individuals. These individuals become tenants in common, which means they each hold an undivided interest in the property, typically in equal shares unless otherwise specified. The Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common provides a legally binding agreement that outlines the following key information: 1. Granter: The names and details of the four individuals who currently own the property and are transferring their ownership rights. 2. Grantee: The names and details of the two individuals who will become the new owners and tenants in common. 3. Property Details: A comprehensive description of the property being transferred, including the address, lot number, and any other identifying information required for accurate identification. 4. Consideration: The agreed-upon monetary value exchanged for the transfer of ownership rights. This could include sales price, compensation, or any other negotiated form of payment. 5. Terms and Conditions: The covenants and conditions agreed upon by the parties involved, including any specific provisions or restrictions related to the use, maintenance, or development of the property. 6. Warranty: The granter guarantees that they are the legal owner of the property, having full authority to transfer the ownership rights and that the property is free from any liens, encumbrances, or disputes. 7. Execution and Notarization: The warranty deed must be executed by all parties involved in the presence of a notary public, who will authenticate the signatures and attach an official seal. Different types of Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common may include variations in the specific conditions, covenants, and provisions, based on the preferences, negotiations, or unique circumstances of the parties involved. However, the fundamental purpose of the warranty deed, which guarantees clear and unencumbered ownership transfer, remains consistent.

Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common is a legal document that transfers the ownership of a property located in Queens, New York, from four individuals to two individuals, while designating them as tenants in common. A warranty deed is a type of deed that guarantees the granter's ownership of the property and promises to defend against any claims or disputes that may arise. In this specific context, the Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common involves the transfer of ownership rights and responsibilities of a property from four individuals to two individuals. These individuals become tenants in common, which means they each hold an undivided interest in the property, typically in equal shares unless otherwise specified. The Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common provides a legally binding agreement that outlines the following key information: 1. Granter: The names and details of the four individuals who currently own the property and are transferring their ownership rights. 2. Grantee: The names and details of the two individuals who will become the new owners and tenants in common. 3. Property Details: A comprehensive description of the property being transferred, including the address, lot number, and any other identifying information required for accurate identification. 4. Consideration: The agreed-upon monetary value exchanged for the transfer of ownership rights. This could include sales price, compensation, or any other negotiated form of payment. 5. Terms and Conditions: The covenants and conditions agreed upon by the parties involved, including any specific provisions or restrictions related to the use, maintenance, or development of the property. 6. Warranty: The granter guarantees that they are the legal owner of the property, having full authority to transfer the ownership rights and that the property is free from any liens, encumbrances, or disputes. 7. Execution and Notarization: The warranty deed must be executed by all parties involved in the presence of a notary public, who will authenticate the signatures and attach an official seal. Different types of Queens New York Warranty Deed for Four Individuals to Two Individuals as Tenants in Common may include variations in the specific conditions, covenants, and provisions, based on the preferences, negotiations, or unique circumstances of the parties involved. However, the fundamental purpose of the warranty deed, which guarantees clear and unencumbered ownership transfer, remains consistent.