2012 New York Consolidated Laws
RPP - Real Property
Article 12 - (370 - 436) REGISTERING TITLE TO REAL PROPERTY
406 - Transfers of registered property.

 
    §  406.  Transfers  of registered property. A registered owner of real
  property, in order to transfer his whole estate or interest therein,  or
  any  part  or  parcel  thereof, or any undivided interest therein, shall
  execute to the intended transferee a deed or instrument of conveyance in
  any form authorized by law. Such deed or instrument of conveyance  shall
  have  recited  therein a statement or reference setting forth the source
  of the title of the grantor or the circumstances under which  the  title
  was  acquired  by  him. Upon filing such deed or other instrument in the
  registrar's office and  surrendering  to  the  registrar  the  duplicate
  certificate  of  title,  he  shall  then make out and register as herein
  provided a new certificate and also an owner's duplicate certificate  of
  title  certifying  the  title  to the estate or interest in the property
  conveyed to the  transferee  and  shall  enter  upon  the  original  and
  duplicate  certificate  the  date  of  the  transfer,  the  name  of the
  transferee and the number of the new certificate, and shall stamp across
  the  original  and   surrendered   duplicate   certificates   the   word
  "cancelled."  Title  to  such  property  shall not pass by such transfer
  until the transfer is registered as prescribed by this section.