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what is a washington bargain and sale deed?

a bargain and sale deed is a legal document that transfers interest in real property from one person to another, where the grantor makes some promises regarding title, but only related to the period that the grantor owned the property. therefore, the grantor promises (1) that he or she is the owner of the property, (2) that there are no encumbrances against the property during the time the grantor owned it, and (3) that the grantor will not interfere with the transferee's rights to the property. 
 
in washington, the requirements for a bargain and sale deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be notarized. 
 
bargain and sale deeds are commonly used by banks who have acquired property after foreclosure. a bargain and sale deed could also be used in other situations where the grantor is unwilling to make the broad covenants that go along with a warranty deed.

when to use a washington bargain and sale deed:

  • you are conveying real property and the parties have agreed that the seller will convey title with limited warranties.

sample washington bargain and sale deed

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after recording return to:

 

,

 

 

 

 

 

 

 

 

bargain and sale deed

______________________________________________________________________________

 

grantor: and

grantee: and

abbreviated legal description:

assessor's tax parcel number:

reference no.:

______________________________________________________________________________

 

 

the grantor, and for and in consideration of $1 and other good and valuable consideration, in hand paid, bargains, sells, and conveys to the grantee, and the following described real property, situated in the county of , state of washington:

 

 

subject to covenants, conditions, restrictions, and easements, if any, affecting title, which may appear in the public record, including those shown on any recorded plat or survey.

 

tax parcel no.

commonly known as: , , washington

 

 

grantor signatures:

 

state of   )

  ) ss.

county of   )

 

i certify that i know or have satisfactory evidence that and

washington bargain and sale deed document preview

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