Go through a title company so that the transaction is handled properly. This is not a do it yourself project. The deed needs to be prepared and insured. It needs to be recorded. Doc stamps and taxes need to be paid. If you do it yourself , one small mistake can cost you a lot.
A Deed must be recorded, along with other documents required by New York State. You should purchase title insurance and have a CPA advise you as to any tax implications.
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