In New York, what is the minimum information that must be included in a deed to make it legally sufficient?
Correct Answer
D) Grantor's name, grantee's name, granting clause, property description, and grantor's signature
Under New York law, a deed must contain: (1) the grantor's name, (2) the grantee's name, (3) a granting clause showing intent to convey, (4) an adequate description of the property, and (5) the grantor's signature. These are the essential elements for a legally sufficient deed.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Constructive notice is the legal presumption that a person has knowledge of information that is available through public records or visible inspection of the property, regardless of whether they actually knew about it.
A deed is a written legal document that conveys (transfers) ownership of real property from one party to another. It must be delivered to and accepted by the grantee to be effective.
For a deed to be valid, it must contain several essential elements including a competent grantor, identifiable grantee, consideration, legal description, granting clause, signature of the grantor, and delivery and acceptance.
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Previous Question
Peter executes a deed to convey his property in Syracuse to his daughter Linda, but he asks Linda not to record the deed until after his death for tax planning purposes. Linda agrees and keeps the deed in her possession for two years without recording it. During this time, Peter sells the same property to an innocent purchaser, Carlos, who pays fair value and immediately records his deed. Under New York recording law, who has superior title?
Next Question
Angela owns property in Nassau County that she purchased with a full covenant and warranty deed. She discovers that the property has an outstanding judgment lien from 8 years ago that was properly recorded but not disclosed at her closing. The judgment was against a previous owner in the chain of title, not Angela's immediate grantor. What is Angela's best legal recourse under New York law?