This form is a Bargain and Sale Deed where the grantors are husband and wife and the grantee is the husband. Grantors convey and grant the described property to the grantee. This deed complies with all state statutory laws.
Washington Bargain and Sale Deed from Husband and Wife to Husband
Category:
State:
Washington
Control #:
WA-021-78
Format:
Word;
Rich Text
Instant download
Description Bargain Sale Deed
Free preview Bargain Deed
How to fill out Washington Bargain And Sale Deed From Husband And Wife To Husband?
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FAQ
Two of the most common ways to transfer property in a divorce are through an interspousal transfer deed or quitclaim deed. When spouses own property together, but then one spouse executes an interspousal transfer or a quitclaim deed, this is known as transmutation.
What is a Washington Bargain and Sale Deed? A Washington bargain and sale deed form transfers Washington real estate from the current owner (grantor) to a new owner (grantee) with a warranty of title that is limited to the time period that the grantor owned the property.
Bargain and sale deeds are most often used when property is transferred pursuant to a foreclosure, tax sale, or settlement of the estate of a deceased person. They may also be used in the same situations as a quitclaim deed, although they give the grantee a little more protection.
Bargain and sale deeds, as the term suggests, is used in a sale. Unlike a quitclaim, the bargain and sale deed indicates that the grantor has the title and can convey it to a buyer.The bargain and sale deed indicates that the grantor has title; but property might come with encumbrances and defects.
A bargain and sale deed doesn't warrant against any encumbrances. It simply implies that the grantor holds title to the property.A bargain and sale deed is much like a quitclaim deed in this respect. It conveys property, but it makes no guarantees that no one else has a stake in that property.