Updated September 07, 2023
A New York general warranty deed, also known as a “deed with full covenants,” is a document used to transfer the ownership of real estate. The deed provides a warranty from the seller (grantor) that the title is clean, and that if any unforeseen claims to it arise, the seller will defend the buyer. The deed must be filed with the court, along with the required addendums (Form TP-584 and Form RP-5217).
Laws – Real Property Law Chapter 50, Article 8 & 9
Signing Requirements – A Notary Public is required to be the witness when the warranty deed is signed (N.Y. Real Prop. Law § 306).
Notices and Disclosures
- Statutory Form – N.Y. Real Prop. Law § 258
- Taxes – Form TP-584 should be used in all counties outside NYC and Form TP-584-NYC is for use in NYC only. This required form is a tax return related to real estate property.
- Transfer Report Forms – One of two transfer report forms must be attached to the deed. Form RP-5217 is for use outside of New York City (NYC) and RP-5217-NYC is strictly for NYC use only.
Recording the Deed
Per N.Y. Real Prop. Law § 291, the deed must be submitted to the County Court Clerk’s Office.