A New York Grant Deed is not listed in the Consolidated Laws of the State of New York as one of the forms that can be used to shift property, however, the law does not prevent or invalidate the use of forms of documents (RPP 258). If a grantor is transferring property to two or more individuals, it creates a tenancy in common unless otherwise is transparently stated in the deed (EPT 6-2.2(f)). Only individuals who meet the requirements stated in the Consolidated Laws of the State of New York have the capacity to transfer their estate or interest in it. Therefore, the individual shall be of sound mind, other than a minor or mentally challenged, who own or entitled to an estate or interest in real property (RPP 11).
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