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NY 005 Bargain and Sale Deed with Covenant Against Grantors Acts Individual or Corporation Single Sheet NYBTU 8002 Form
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People also ask
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What type of deed is used in New York?
The most common types of deeds are warranty deeds, quitclaim deeds, bargain and sale deeds, executor deeds, trustee deeds, life estate deeds, referee deeds, and tax foreclosure deeds. What is a warranty deed? A warranty deed is the most common deed for real estate transfers in Upstate New York.
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What is a bargain and sale deed with covenants in NY?
In New York, a bargain and sale deed with covenant against grantor's acts provides the grantee with a covenant that the grantor has not committed any act that would encumber title to the real property being conveyed and the covenant under Section 13 of the New York Lien Law.
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What is a deed of bargain and sale in Virginia?
A bargain and sale deed is a type of property deed that does not guarantee against liens or other claims to the property. The buyer of a property with this type of deed could be responsible for any title issues that arise. These deeds are most commonly used in foreclosure or tax sales.
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What is a warranty deed with lien covenant in New York?
In a warranty deed with lien covenant, the grantor is guaranteeing the grantee that there are no outstanding liens on the property and if such a lien would appear, then it would be the duty of the grantor to satisfy that lien. A warranty deed with lien covenant is common in New York.
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What is a bargain and sale deed with covenant against grantor's act in NY?
In New York, a bargain and sale deed with covenant against grantor's acts provides the grantee with a covenant that the grantor has not committed any act that would encumber title to the real property being conveyed and the covenant under Section 13 of the New York Lien Law.
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What is a deed of bargain and sale in Virginia?
A bargain and sale deed is a type of property deed that does not guarantee against liens or other claims to the property. The buyer of a property with this type of deed could be responsible for any title issues that arise. These deeds are most commonly used in foreclosure or tax sales.
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