Legal Question in Real Estate Law in New York

Re: Transferring of ownership

I really need more information.

Do you mean sale without consideration or transfer possession retaining a right of ownership?

Mike.

Re: Transferring of ownership

After first checking what limitations there are in the by-laws, and meeting any pre-condition requirements, all that should be necessary is to sign over the stock certificates and other ownership papers. If a Deed was issued to you, all you should need is a new Deed and have it recorded. You might want to have an attorney review the by-laws to see you comply and to prepare the necessary transfer documents.

Re: Transferring of ownership

A new deed must be prepared which you would sign effectively transferring your ownership rights to the person (grantee) named in the Deed. Feel free to call for a price quote for a new Deed and associated filing costs.