The New York Quit Claim Deed is used to transfer ownership of real estate from one party to another. This type of deed is most often used when the property is being given as a gift. The quit claim deed offers ZERO protection to the buyer (or receiver). The New York quit claim deed simply transfers whatever rights the holder has to the property.
The totally free New York quit claim deed is a legal record that is utilized to transfer ownership of property from one party to another. Because they are an immediate method to complete real estate transfers, quit claim deeds are also typically called quick claim deeds. Once signed, the deed should certainly be registered in your local tax office, real estate registry of deeds, or wherever property proceedings are registered in your surrounding area.
When real estate is transferred without a common sale, the New York quit claim deed is most typically used. An example would be property being converted between the same family such as father and mothers selling a property or giving to their offspring. This form of deed can at the same time be used between divorcing partners when one spouse keeps the household and the other is relinquishing her/his rights to the property. Transfers utilizing a quit claim deed do not normally need a title search or title insurance.
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