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Ett Lincoln County, Oregon 2013-01118 0210712013 1:18:34 PM Cntel Pgs 2 Stn 19 DOC-BSO $10.00 $11.00 $15.00 $10.00 $7.00 - Total 453.00 GRANTOR: City of Newport 169 SW Coast Highway Newport, OR 97365.

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A covenant is a promise by one party to do something for the other party – the bargained-for exchange between the parties. A condition is an event or occurrence that will trigger one or more obligations under the contract.

A quitclaim deed provides the grantee with the least protection of any deed, as it carries no covenants or warranties. The bargain and sale deed contains no express warranties against encumbrances but does imply that the grantor holds title and possession.

Bargain and Sale Deed This type of deed is similar to a warranty deed, however only makes guarantees to the buyer regarding the period of time the seller owned the property. This type of title makes no guarantees regarding liens or encumbrances that may exist prior to the time the seller acquired the property.

A bargain and sale deed indicates that only the seller of a property holds the title and has the right to transfer ownership. This type of deed offers no guarantees for the buyer against liens or other claims to the property, so the buyer could be responsible for these issues if they turn up.

Bargain and Sale Deed A deed with covenants against grantor's acts provides that the grantor covenants that he or she had not done anything to encumber the property during his or her ownership, except as stated in the deed.

A bargain and sale with covenants against grantor's acts contains only one covenant or promise; that is, that the grantor has done nothing to encumber title with easements, liens, judgements and the like while owing the property. The covenant contained in the deed is considered personal. It does not run with the land.

In short, a warranty deed guarantees to the buyer that the property is exactly as stated – if not, the seller is liable. When transferring ownership via a bargain and sale deed, the seller only guarantees that the seller is the true owner of the property.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232