Bargain and Sale Deed with Covenants
A bargain and sale deed conveys title from grantor to grantee and includes limited covenants (promises) by the grantor, typically relating to title during the grantor's period of ownership rather than full historical warranties. In NYC practice, it is a commonly used deed form in many transactions.
- Where it applies
- New York State
- When it comes up
- Closing / Recording
- Property types
- Residential, Commercial (Retail/Office/Industrial), Mixed-Use
Related terms
Core Real Estate Fundamentals
- ACRIS (Automated City Register Information System)
- Contract of Sale
- Lien
- Lis Pendens (Notice of Pendency)
- Survey (ALTA/NSPS Survey)
- Title Search
General information, not legal, tax or financial advice.