Legal Question in Real Estate Law in New York
What is the proper way to change the ownership percentages on real estate where there are multiple owners? This property is in Suffolk Co.
Asked on 10/31/13, 10:50 am
2 Answers from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
By deed to be filed at the County Clerk's office.
Answered on 10/31/13, 11:03 am
Walter LeVine
Walter D. LeVine, Esq.
All owners sign a new Deed reflecting the change in ownership percentages and then record the new Deed.
Answered on 10/31/13, 12:34 pm