New York Quitclaim Deed for Mineral / Royalty Interest

State:
Multi-State
Control #:
US-OG-067
Format:
Word; 
Rich Text
Instant download

Description

This form of deed addresses the situation where a party has been identified as owning an interest in a particular tract of land, but the party makes no claim to the interest. This form allows the party to Quitclaim and relinquish all claimed interest to the owner or owners of the interest.

How to fill out Quitclaim Deed For Mineral / Royalty Interest?

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FAQ

When you want to convey, or transfer, real property to someone else, either by sale, gift, or by court order, you must do so by using a written document that satisfies the requirements of the law in your state. This document is either a bargain and sale deed, a warranty deed, or a quitclaim deed.

If you wish to remove someone from a deed, you will need their consent. This can be done by recording a new deed, which will require their signature. If the person in question is deceased, you will need their death certificate and a notarized affidavit along with the new deed.

So, a deed, including warranty deeds and grant deeds, must always be notarized by a notary public and filed in the public records, usually with the county clerk's office; it may also need to be witnessed. This is why you should hire a notary who can render notary services to meet your needs.

? Quitclaim deed must be written and signed by grantor before a notary public. ? Must include legal description, property address, county, date, grantor and grantee names, and transfer amount (if any). ? File the quitclaim deed with the County Clerk or City Registrar.

Most quitclaim deeds in New York require the grantor's signature. Some states also need the grantee to sign, but this is generally not the case in New York. Parties do not need witnesses to their signatures. A quitclaim deed does, however, need official notarization by a notary public.

There are two sides to a transaction. In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person.

If the deed is going to be recorded in the county clerk's office, it must include the addresses of both the grantor and the grantee. The deed also must be delivered to the grantee and the grantee must accept it, in order to transfer the property.

The grantor must sign the deed form and that signature must be properly acknowledged by a notary public. All signatures must be original; we cannot accept photocopies. A complete description of the property including the village, town, county and state where the property is located must also be included on the form.

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New York Quitclaim Deed for Mineral / Royalty Interest