Submitting a quitclaim deed in New York is key to correctly transferring property rights. Whether it involves transferring property to relatives, relinquishing ownership, or refreshing ownership records, adhering to these ten steps is essential.
- Step 1 - Obtain Quitclaim Deed Form
- Step 2 - Fill in the Preparer's Details
- Step 3 - Document Consideration
- Step 4 - Write Grantor's Information
- Step 5 - Enter Grantee's Details
- Step 6 - Fill in Property County
- Step 7 - Note Property Legal Description
- Step 8 - Get Deed Notarized
- Step 9 - Fill Out Tax Forms
- Step 10 - File Your New York Quitclaim Deed Form
Step 1 – Obtain Quitclaim Deed Form
Select the appropriate form and fill it out in its entirety. Either with the help of a property attorney, or by using a New-York specific quitclaim deed template, you can ensure the proper completion of all necessary fields.
Step 2 – Fill in the Preparer’s Details
Enter the document preparer’s name and address on the first page. Underneath this, in the section titled “After Recording Return To,” enter the name and address of the person who will receive the paperwork when the County Clerk’s Office is finished recording. This is typically the buyer.
Step 3 – Document Consideration
Write out the total amount paid for the property transfer spelled out in words and numerically.
Step 4 – Write Grantor’s Information
List the full name and address of the seller, known as the grantor. Ensure that the name used here matches exactly the grantor’s signature completed later.
Step 5 – Enter Grantee’s Details
List the full name and address of the buyer, known as the Grantee.
Step 6 – Fill in Property County
Write the county where the property is located.
Step 7 – Note Property Legal Description
Enter a detailed legal description of the property and include the physical address of the property.
Step 8 – Get Deed Notarized
The grantor will sign the deed in front of a notary public, taking care that the name in the signature exactly matches the printed version of their name above. The notary will attach an acknowledgment that certifies the signature.
Step 9 – Fill Out Tax Forms
Fill out the appropriate tax forms. For properties in New York City, use TP-584-NYC and RP-5217NYC. For properties in counties outside New York City, use TP-584 and RP-5217.
Step 10 – File Your New York Quitclaim Deed Form
File the quitclaim deed and necessary tax forms with the New York county clerk’s office in the county where the property is located (CLNY Ch. 50 Art. 9 § 291). Pay the appropriate recording fees and taxes based on the county’s rules.