Deed with Full Covenants
(Commercial) (NY)


Summary

This is a statutory form deed with full covenants for use in a commercial real estate transaction to transfer the title or an interest in building unit, premises, or real property to another entity or person. This form includes practical guidance and drafting notes.If the real property to be transferred involves condominium units, the deed must include description of the land, designation of the unit, intended purpose or use of the unit, common interest appertaining to the unit and other details deemed appropriate. For further information on the purchase and sale of commercial real property in New York, see Purchasing and Selling Commercial Real Estate Resource Kit (NY), Purchase and Sale of Commercial Real Property (NY), and Real Estate Ownership (NY).