Bargain sale purchase agreement

What we’ll cover

• About Bargain and Sale Deeds
• Bargain and Sale Deed FAQs
• Bargain and Sale Deed checklist
• Bargain and Sale Deeds by state

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. Bargain and Sale Deeds are often used in relation to foreclosures and tax sales, and they do not indicate that a property is free of liens or debts.

Like a Quitclaim Deed, a Bargain and Sale 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.

A Bargain and Sale Deed, sometimes called a Deed of Bargain and Sale, can be drafted to provide a guarantee to the buyer that the seller owns the property free and clear of any debt (unless the debt is disclosed in the deed). If this sounds like what you might need, get started now – making your Bargain and Sale Deed with Rocket Lawyer is as easy as answering a few questions!

When to use a Bargain and Sale Deed:

You are transferring property with a person you are familiar with such as a family member.

You own a business and you want to buy or sell real property.

Sample Bargain and Sale Deed

The terms in your document will update based on the information you provide

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