Vesting
Vesting is the manner in which title is held (the record-owner identity and capacity), typically shown in the most recent recorded deed and carried forward into the new conveyance. Vesting impacts signature authority, how instruments are indexed, and how later conveyances must be executed and acknowledged to be recordable.
- Where it applies
- New York State
- When it comes up
- Diligence → closing document prep → recording
- Property types
- All deeded real property
Title and Recording
- Assignment of Mortgage
- Bargain and Sale Deed (With Covenant Against Grantor's Acts)
- Bona Fide Purchaser (BFP)
- Borough-Block-Lot (BBL)
- Chain of Title
- City Register
- Condominium Common Charge Lien
- Consideration
- Conveyance
- Cover Page (NYC Recording)
General information, not legal, tax or financial advice.