Get the free New York Quitclaim Deed from Individual to LLC

This document serves as a quitclaim deed whereby an individual (Grantor) transfers property to a Limited Liability Company (Grantee) for a specified consideration. It includes a legal description

How to fill out new york quitclaim deed

1. To fill out a New York quitclaim deed, you will need to obtain a blank quitclaim deed form. This form can be found online or obtained from a legal stationery store.
2. Begin by identifying the parties involved in the deed. The grantor is the current owner of the property, while the grantee is the individual or entity receiving the property. Clearly write the full names and addresses of both the grantor and the grantee.
3. Provide a detailed description of the property being transferred. This should include the full address of the property, the county in which it is located, and any other pertinent details for accurate identification.
4. The quitclaim deed must state the consideration, which is the amount of money or value exchanged for the property. If the property is being transferred as a gift or without any monetary exchange, it should be clearly stated in the deed.
5. Both the grantor and the grantee must sign the quitclaim deed in the presence of a notary public. In New York, the notary must witness the signatures and affix their official seal or stamp to the document. Ensure that all signatures are dated correctly.
6. Once the quitclaim deed is properly filled out, it should be recorded with the county clerk's office in the county where the property is located. This step is essential to legally transfer ownership and protect the interests of all parties involved.

Who needs a New York quitclaim deed?

1. Individuals who want to transfer property without making any warranties or guarantees about the title or condition of the property may need a New York quitclaim deed. This type of deed is commonly used in divorces, gifting property to family members, or transferring property between closely associated parties.
2. Business entities, such as partnerships or corporations, may also use quitclaim deeds to transfer property holdings within their organization.
3. In some cases, buyers and sellers may use a quitclaim deed for real estate transactions when there is mutual trust and the need for a quick transfer of ownership.

Note: It is always recommended to consult with a qualified attorney or real estate professional to ensure proper execution of a quitclaim deed and to understand any legal implications associated with the transfer of property.

This Quitclaim Deed from Individual to LLC form is a Quitclaim Deed where the granter is an individual and the grantee is a limited liability company. Granter conveys and quitclaims the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Granter, if any, which are reserved by Granter.

For pdfFiller’s FAQs

What is new york quitclaim deed?

A New York quitclaim deed is a legal document used to transfer the ownership of real property from one party to another, without any guarantees about the title or ownership. It is commonly used in situations where the parties involved are familiar with each other and trust is not a major concern.

Who is required to file new york quitclaim deed?

The party who wishes to transfer their ownership interest in a property is required to file the New York quitclaim deed. It can be an individual, a corporation, or any other legal entity that holds ownership rights to the property.

How to fill out new york quitclaim deed?

To fill out a New York quitclaim deed, you need to include the names and addresses of both the grantor (the person transferring the property) and the grantee (the person receiving the property). Additionally, you need to provide a legal description of the property being transferred. It is recommended to consult with a qualified attorney or use a reliable legal document preparation service to ensure the document is completed accurately.

What is the purpose of new york quitclaim deed?

The purpose of a New York quitclaim deed is to transfer the ownership rights of a property from one party to another. Unlike a warranty deed, it does not provide any guarantees about the title or ownership of the property. It is often used in situations where the parties involved are familiar with each other or in non-sale transactions, such as transferring ownership between family members or adding a spouse's name to the property title.

What information must be reported on new york quitclaim deed?

A New York quitclaim deed must include the names and addresses of both the grantor and the grantee, as well as a legal description of the property being transferred. It should also include the date of the transfer and the notarized signatures of both parties. Additionally, it may require a statement of consideration or exemption from recording fees.