Looking for a free bargain and sale deed that you can count on? Our bargain sale deed sample and guide below will make real estate transfer a breeze for you.
Have you ever bought a second-hand car "as is" or electronics without warranties? Buying real estate with this deed comes pretty close to that.
When a real estate seller (grantor) signs this deed over to the buyer (grantee), he or she is saying, "I own this property and have the right to hand it over to you. I make no promises that the property title is free from debts or claims. If the property title does run into any trouble, then too bad pal that's your own problem."
If you are selling property, this deed should be your first choice for a worry-free sale (if you can somehow convince the buyer to accept it).
On the other hand, it's easy to see why a property buyer should avoid it unless you really have no choice. For a deed that will cover your ass better, we strongly recommend that you insist on a General Warranty Deed (best protection) or Special Warranty Deed.
* While we work hard to make sure that our forms are helpful and updated, you must edit them according to your own needs and local real estate law. Always seek legal help when in doubt.
This Deed is made on this day of _______________, 20__, between the Grantor ___________
___________________ of address __________________________________________________ and the Grantee ______________________________ of address _________________________
_________________________.
WITNESSETH, That the Grantor, for consideration of the sum of $ _______________, the receipt of which is hereby acknowledged, does grant and forever release unto the said Grantee, all the rights, title, interest, claim or demand that the Grantor may have in the real property described as follows:
Property Address: ______________________________________________________________
Legal Description: ______________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
EXECUTED this day of _______________, 20__.
Grantor Name: _________________________
Grantor Signature: ______________________
Witness Name: _________________________ Witness Name: _________________________
Witness Signature: ______________________ Witness Signature: ______________________
STATE OF _________________________
COUNTY OF _________________________
On this day, personally appeared before me, _________________________, to me known to be the person(s) described in and who executed the within instrument, and acknowledged that he/she signed the same as his/her voluntary act and deed, for the uses and purposes therein mentioned.
Witness my hand and official seal hereto affixed on this day of _______________, 20__.
Notary's Public Signature: ______________________
My commission expires _______________.