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Bargain and Sale Deed with Covenant ? also called a Limited Warranty Deed; it offers the second most protection to the grantee. The grantor promises he or she has title to the property and has done nothing to encumber the property while he or she owned it.

When you want to convey, or transfer, real property to someone else, either by sale, gift, or by court order, you must do so by using a written document that satisfies the requirements of the law in your state. This document is either a bargain and sale deed, a warranty deed, or a quitclaim deed.

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

New York requirements for real estate deed documents: - Documents must include the names of grantors and grantees, a legal description of the property, and the amount of consideration. - For a transfer of interest in real property subject to New York State Real Property Transfer Tax, the TP-584 must be filed.

The deed provides a warranty from the seller (grantor) that the title is clean, and that if any unforeseen claims to it arise, the seller will defend the buyer. The deed must be filed with the court, along with the required addendums (Form TP-584 and Form RP-5217).

covenantandwarranty deed is a written document that shows the transfer of ownership of land from one person to another. It guarantees that the seller has the legal right to sell the property and promises to protect the buyer from any future legal claims against the property.