Legal Question in Real Estate Law in New York
name change of deed
How do I go about changing the names on a property title deed? There are 3 names on the deed: mine and 2 other. I want one to be deleted from the deed.
3 Answers from Attorneys
Re: name change of deed
Prepare a new deed that says the party of the 1st part (all 3 names) conveys to the party of the second part (2 names), etc. All 3 must sign and it must be filed BUT you will also need to fill out form TP584 and RP 5217. If the property is in NYC you will need addidtional forms.
Also, if there is a mortgage you may need to notify/get approval fr bank. If you are 3 joint tenants and you are removing 3rd name due to death, this is not necesary. When you sell, you will just need death certificate.
If you need the above forms, I will send to you.
Re: name change of deed
All 3 people must sign the new Deed, as Grantors, naming the remaining 2 as Grantees. If the 3rd person does not sign, you cannot remove him/her without their signature.
Re: name change of deed
Just create a new deed..all three current owners need to sign it though.
Good Luck
rrg