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A Bargain and Sale Deed is a legal document that a seller of real estate can use to confirm their right to transfer a property title. Often used in relation to foreclosures and tax sales, this type... Read more
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Making a Bargain and Sale Deed
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What is a Bargain and Sale Deed?
A Bargain and Sale Deed is a legal document that a seller of real estate can use to confirm their right to transfer a property title. Often used in relation to foreclosures and tax sales, this type of deed does not indicate that a property is free of liens or debts.
Different from many other sites that you may discover, there is a lot more to Rocket Lawyer than just PDF deed templates. If you have legal questions about transferring real estate property, your Rocket Lawyer Premium membership provides access to attorneys in our network who can help.
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How do I get a Bargain and Sale Deed?
It is very simple to prepare a free Bargain and Sale Deed with Rocket Lawyer:
- Make the document - Answer a few general questions and we will do the rest
- Send and share it - Discuss any legal questions with a lawyer, if desired
- Sign and make it legal - This document must be signed in the presence of a notary public
This method is, in most cases, notably less expensive and less time-consuming than meeting and hiring a conventional provider to draft the entire document on your behalf.
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Why use a Bargain and Sale Deed?
A Bargain and Sale Deed will commonly be used in New York, Washington, Wyoming, Colorado, and Vermont when transferring residential property. This deed can be used when transferring ownership between family members, placing property into a family trust, or purchasing property at a tax or foreclosure sale.
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What is the difference between a Bargain and Sale Deed and a Quitclaim Deed?
A grantee possesses more protections with a Bargain and Sale Deed than a Quitclaim Deed. A Quitclaim Deed makes no warranties while Bargain and Sale Deed warrants that the grantor has title to the property.
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What is a Bargain and Sale Deed in real estate?
In real estate, Bargain and Sale Deeds are typically used to transfer property ownership to a family member, into a trust, or buying real estate from a foreclosure sale.
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What is a Bargain and Sale Deed in Oregon?
Bargain and Sale Deeds are statutory in Oregon and can be used to transfer interest in a property from a grantor to a grantee.
Is the Bargain and Sale Deed customized for my state?
Yes. Simply select your state from the menu above, or choose a specific state from the list below:
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