Deed Transfers

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Conveyancing Through Deed Transfers

If you want to buy or sell a property, you must take part in a deed transfer either as the receiver or the giver. A deed is a document that is used to record and denote when a transfer of ownership has taken place and every real estate property needs one for its records. If you’re trying to buy or sell property, preparing a deed for a transfer is a service our real estate attorneys can assist with, alongside our other real estate services.

WHAT IS CONVEYANCE AND HOW CAN WE HELP?

Conveyancing is the section of real estate law that includes transferring property. Conveyancing is also known as transferring the deed that identifies the real estate owner. This is a common practice for several situations, including:

  • Inter-family transfers in the event of a death. For example, this may happen when a parent passes away and their property needs to be transferred into the ownership of their surviving children or other heirs.
  • When a mortgage can no longer be paid by the original buyer and must be transferred to avoid foreclosure. This is a good way to avoid foreclosure from occurring and damaging your credit.

Our deed transfer attorneys can help process the conveyance from beginning to end. This way, you can ensure there is a smooth transfer and you have help overcoming any legal hurdles that you might encounter.

We’ll also help you determine which type of deed transfer is the right option for your situation. Thanks to our years of experience in real estate law, we know what is necessary to overcome obstacles and complete deed transfers and other real estate transactions in the shortest amount of time possible.

What Is A Deed Transfer?

A deed is the official legal document that transfers ownership between the buyer and the seller. This type of transaction typically avoids the closing process and provides a legal avenue for new ownership. Together with their real estate lawyers, the buyer and the seller create a legal description of the property that is signed by the seller under a notary witness. A deed transfer can be a very quick process when all parties are in agreement and the title is free and clear of any liens or other legal hindrances.

Through a warranty deed or a quitclaim deed, property ownership can be transferred. It’s important to fully understand the legal implications of completing a deed transfer, whether you are receiving the property or signing it away before you finalize the transaction. A deed transfer lawyer can explain the process and its consequences to you as well as help you ensure that the transaction is in your best interest.

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When To Transfer Property

Many different life situations arise that warrant a property transfer through conveyancing. People who often find themselves dealing with deed transfers are those who have lost a family member who owned the home, are going through a divorce, or the original owner can no longer pay the mortgage and wants to transfer ownership to avoid foreclosure. Many of the situations that necessitate a deed transfer are stressful; they often come out of major life events.

Hiring a deed transfer lawyer to work with you through the process can take some of the stress out of the situation. Having knowledgeable representation on your side will help you ensure that all matters are done with your best interests in mind. We can help you avoid making a mistake that would have a significant negative impact on your future, including your ability to purchase another property.

Inter-Family Deeds With Life Estate

One area in which our real estate attorneys have considerable knowledge and experience is transferring deeds between family members in the case of life estate claims and distributions. 

For example, if your widowed mother lived alone and owned her house but then passed away, our deed transfer attorneys can help transfer the property deed to another family member. They can either continue owning the home or move forward with a more typical real estate transaction to sell it. This can pave the way for the family to settle the estate. It can also help ensure that a beloved family home stays within the family. In either case, it gives the family the benefit of being able to legally own the home until decisions can be made later on.

Attorney for Deed Transfers in New York

Working With The Law Offices Of Diron Rutty, LLC

Our team of attorneys and staff are passionate about preserving relationships within the confining boundaries of the law. Separating property rights doesn’t have to be complicated. We’ll make it as easy as possible for all parties involved while keeping our client’s interests at the forefront.

If you are looking for a way to transfer ownership of a property quickly without going through the traditional closing process, talk to one of our real estate lawyers in White Plainfs or the Bronx, New York. We’ll help you determine whether or not it’s the right option for you. You can reach out to our team for a consultation by giving us a call or contacting us through our website.

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