Common New York Real Estate Forms documents

  • Purchase Agreement — sets out the price, terms, and conditions for the sale and transfer of real property between buyer and seller.
  • Warranty Deed — conveys freehold ownership of land and buildings with the grantor's guarantee of clear title.
  • Quitclaim Deed — transfers whatever ownership interest the grantor holds in a property, without title warranties.
  • Residential Lease Agreement — establishes the terms of a landlord-tenant relationship for a home or apartment rental.
  • Commercial Lease Agreement — governs the rental of office, retail, or industrial premises for business use.
  • Lease-Purchase Agreement — combines a rental arrangement with an option or obligation to buy the property at a later date.
  • Property Management Agreement — authorizes a manager to oversee, lease, and maintain real property on the owner's behalf.

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FAQs

Real property — or realty — includes land, buildings, and anything permanently affixed to the land, such as fixtures and appurtenances. Personal property, by contrast, covers movable items not attached to the land. The distinction matters because real property transfers require specific legal instruments like deeds and are subject to recording requirements.

Yes. Deeds conveying New York real property generally require the grantor's signature to be acknowledged before a notary public before the document can be recorded with the county clerk's office. Recording protects the new owner's interest against future claims.

Fee simple is the most complete form of real property ownership — the owner holds the land and buildings outright, with the right to sell, lease, mortgage, or transfer the property freely. Most residential real estate in New York is held in fee simple.

A verbal lease for a term of one year or less may be enforceable, but any lease running longer than one year must be in writing under New York's Statute of Frauds to be valid. Written leases are strongly advisable regardless of term, as they clearly document both parties' rights and obligations.

New York landlords typically rely on a residential or commercial lease agreement, a move-in inspection checklist, a security deposit receipt, and — where applicable — a lease renewal or non-renewal notice. Landlords renting in New York City may also need forms specific to rent-stabilized units.

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