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A quitclaim deed is a legal document used to transfer ownership interest from one person. In contrast to a warranty deed, this document provides no guarantee that the title of the property is clear and free of encumbrances when being transferred. A quitclaim deed only provides the buyer with a guarantee that the seller will not return later and claim interest on the property.
It is highly recommended that the buyer conduct a thorough title search to ensure that the property is free of all issues.
If you instead would like to transfer the property in a way that protects the new buyer, you should consider different types of deeds, such as a general warranty deed or a special warranty deed. If you are unsure about what type of deed you should use, you should seek legal advice.
New York quitclaim deed laws are codified at NY Real Prop L § 258.
Signing - According to New York Law (RPP §306), all quitclaim deeds must be signed by the Grantor with a Notary Public present.
Recording - All quitclaim deeds in the state of New York must be filed with the County Clerk’s Office in the city or county that the property is located.
Additional Documents - The following documents are required when filing a quitclaim deed in New York:
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To file a New York quitclaim deed form, you need to provide the following information:
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Once the deed has been completed, signed, and notarized, you should take it to the New York State County Recorder in the county where the property is located.
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