A deed is an instrument by which an owner (the grantor) transfers an interest in land to a new owner (the grantee). No consideration is required to make the deed effective. The deed is necessary to transfer title to land even if it is a gift. It has no effect, and title does not pass until the deed has been delivered. The recording of the deed is not required to make the deed effective to pass title between the buyer and the seller. However, recording is necessary so that the public will know that the buyer is the present owner. Recording constitutes "notice to the world" of the transfer in title.
The grantor is the person selling the property. The grantee is the person buying the property. A grant deed is a deed containing an implied warranty that there are no encumbrances on the property not described in the deed and that the person transferring the property actually owns the title. It must describe the property by legal description of boundaries and/or parcel numbers, be signed by all people transferring the property, and be acknowledged before a notary public. It is in contrast to a quit claim deed, which only conveys the interest that the transferor actually owns, if any, without a warranty of ownership.
A Suffolk New York Grant Deed is a legal document used to transfer ownership of real property from one party, known as the Granter, to another party, known as the Grantee, within the county of Suffolk, New York. This type of deed is commonly used in real estate transactions to guarantee the buyer's rightful ownership of the property. The Suffolk New York Grant Deed contains important information about the transfer, including the names and addresses of both the Granter and Grantee, a detailed legal description of the property being transferred, and any relevant encumbrances or restrictions on the property. It serves as proof of the transfer and acts as a legal instrument for recording the change of ownership in the county land records. There are different types of Grant Deeds that can be used in Suffolk, New York, based on the nature of the transaction. These may include: 1. General Grant Deed: This is the most common type of Grant Deed used in Suffolk, New York. It transfers ownership with the implied warranty that the Granter has the legal right to sell the property and that it is free from any undisclosed encumbrances. 2. Special Warranty Deed: This type of Grant Deed guarantees that the Granter has not done anything to impair the title during their ownership of the property. It only provides limited protection to the Grantee against claims arising from the Granter's actions. 3. Quitclaim Deed: Although not technically a Grant Deed, a Quitclaim Deed is sometimes used in Suffolk, New York, to transfer ownership when the Granter does not make any warranties or guarantees about the property's title. This type of deed is commonly used in situations such as transfers between family members, divorces, or to clear up clouded property titles. In conclusion, a Suffolk New York Grant Deed is a legal document used to transfer ownership of real property within Suffolk County. It is an essential tool in real estate transactions, providing the necessary proof and protection for both the Granter and Grantee. It is important to consult with a legal professional for guidance on which type of Grant Deed is most suitable for a specific transaction.A Suffolk New York Grant Deed is a legal document used to transfer ownership of real property from one party, known as the Granter, to another party, known as the Grantee, within the county of Suffolk, New York. This type of deed is commonly used in real estate transactions to guarantee the buyer's rightful ownership of the property. The Suffolk New York Grant Deed contains important information about the transfer, including the names and addresses of both the Granter and Grantee, a detailed legal description of the property being transferred, and any relevant encumbrances or restrictions on the property. It serves as proof of the transfer and acts as a legal instrument for recording the change of ownership in the county land records. There are different types of Grant Deeds that can be used in Suffolk, New York, based on the nature of the transaction. These may include: 1. General Grant Deed: This is the most common type of Grant Deed used in Suffolk, New York. It transfers ownership with the implied warranty that the Granter has the legal right to sell the property and that it is free from any undisclosed encumbrances. 2. Special Warranty Deed: This type of Grant Deed guarantees that the Granter has not done anything to impair the title during their ownership of the property. It only provides limited protection to the Grantee against claims arising from the Granter's actions. 3. Quitclaim Deed: Although not technically a Grant Deed, a Quitclaim Deed is sometimes used in Suffolk, New York, to transfer ownership when the Granter does not make any warranties or guarantees about the property's title. This type of deed is commonly used in situations such as transfers between family members, divorces, or to clear up clouded property titles. In conclusion, a Suffolk New York Grant Deed is a legal document used to transfer ownership of real property within Suffolk County. It is an essential tool in real estate transactions, providing the necessary proof and protection for both the Granter and Grantee. It is important to consult with a legal professional for guidance on which type of Grant Deed is most suitable for a specific transaction.
