Bargain and sale deed

{{Refimprove|date=August 2007}}

In United States real property law, a bargain and sale deed is a deed "conveying real property without covenants".Black's Law Dictionary, p. 46 (2001 edition).

{{Property law}}

This is a deed "for which the grantor implies to have or have had an interest in the property but offers no warranties of title to the grantee."{{cite book|last1=Nance|first1=Cheryl P.|title=Modern Real Estate Practice in Texas|date=2003|publisher=Dearborn Real Estate|isbn=0793184711|page=354|url=https://books.google.com/books?id=wIVGVwTGZBMC|accessdate=13 December 2017}} Because it lacks any warranty, it is the least attractive kind of deed.

Under common law, this type of deed technically created a use in the buyer who then gets the title.See definition of deed, {{cite book|title=Merriam-Webster's Dictionary of Law|date=1996|publisher=Merriam-Webster, Inc|isbn=0877796041|page=[https://archive.org/details/merriamwebstersd0000merr/page/126 126]|url=https://archive.org/details/merriamwebstersd0000merr|url-access=registration|accessdate=13 December 2017}} Under the statute of uses, modern real property law disregards this subtle distinction. {{Fact|date=August 2007}}

A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees.{{Fact|date=August 2007}} The fact that it comes without any warranties from the government means that the new owner may not have a good title.{{Fact|date=August 2007}} If in fact, the city did not have a good title or the city could not convey a good title, then the new landowner is unlikely to be successful in obtaining a refund of the purchase price.See, e.g., {{cite web|title=Winters v. County of Clatsop, 150 P. 3d 1104, 210 Or. App. 417 (2007)|url=https://scholar.google.com/scholar_case?case=8331829284388118200|website=Google Scholar|accessdate=13 December 2017}}

Some states require a specific form to be used.See, e.g., {{cite web|title=RCW 64.04.040: Bargain and sale deed—Form and effect|url=http://apps.leg.wa.gov/RCW/default.aspx?cite=64.04.040|website=Washington State Legislature|accessdate=13 December 2017}} Some states also allow a grantor (or seller) to add warranties. In such case, it may be called a bargain and sale deed with covenants.{{cite journal|last1=Strawn|first1=James R.|title=Use of the Special Warranty in Oklahoma and Texas Oil and Gas Transactions|journal=Oil and Gas, Natural Resources, and Energy Journal|date=January 2017|volume=2|issue=5|page=545|url=https://digitalcommons.law.ou.edu/cgi/viewcontent.cgi?article=1073&context=onej|accessdate=13 December 2017}}