.), and all the layers of people you need to wrangle together to execute a completed transaction. 7) Taught me that no deal is ever done until closing, title conveyed, money transferred, and the keys exchanged.

@Claudia HoI have two suggestions. 1) search ny mortgages or deeds where the company may have taken out a loan or conveyed a property.

GENERALLY PROPERTY CAN BE TRANSFERRED TO AN LLC OR INDIVIDUALS; CONVEYING (TRANSFERRING OWNERSHIP) IS A MATTER OF AN ATTESTED DEED BEING RECORDED WITH THE APPROPRIATE REGISTRY OF DEEDS.  2.

Some might recommend using a Warranty Deed assuming if a defect arises after the conveyance the Grantee could sue the Grantor for a breach and the Grantor's title company will step in and take care of the defect. 

All fixtures on theproperty are included in the sale and remain with the property.Contingencies:1- SELLER is able to convey marketable title in the form of a WarrantyDeed at closing.2- SELLER does not cause or permit any waste or destruction to theproperty in between the date and time the agreement is signed by bothparties (BUYER and SELLER) and the date and time of closing.3- There are no unpaid loans, liens, fines, penalties, fees, dues,delinquent taxes or judgments against or secured by the property orpending against the property as of Closing date.4- If property is damaged or destroyed prior to Closing, BUYER has theoption to either renegotiate terms or cancel this agreement andreceive full refund of earnest money.5- The purchase shall be funded as follows:(details here)6- Closing to be on or before ______________at ______________________ Title Company.7– Real Estate property taxes owed on the property for 2020 willprorated between BUYER and SELLER.8– Normal closing costs will be split equally between BUYER andSELLER.9– All tenant(s) in residence at the property will be current onrent or have vacated the premises prior to closing.10– Existing tenant(s) complete & return estoppel letters showingall rental agreement terms presently in effect prior to closing.

Will I have to pay a conveyance fee?

Imagine how "happy" the seller will be when he calculates an additional $100k of taxes than what you conveyed to him. 

Hi @James Dolhancryk, Yes, generally any outstanding debt (promissory note secured by a deed of trust or mortgage) would be paid off at the time of closing so that clear title can be conveyed to the buyer. 

We've conveyed over and over, that the SBA is the only thing that has allowed lenders to even consider this at this time and they are not the problem. 

Tone does not convey well in the internet.