What is a bargain and sale deed?

A bargain and sale deed is characterized as a legal instrument that conveys title to property, implying that the grantor (the person selling or transferring the property) has the right to transfer ownership. This type of deed does not offer the same level of protection to the grantee (the person receiving the property) as other deeds, such as warranty deeds, because it does not provide warranties against any liens or encumbrances on the property. The critical aspect here is the implication of the grantor's authority to convey the title, which is central to the definition and purpose of a bargain and sale deed.

This understanding helps distinguish it from deeds that offer more guarantees regarding ownership or liens. For example, the option suggesting a deed that guarantees complete ownership free of liens relates more closely to warranty deeds. Meanwhile, the concepts of legal documents for property rentals and deeds specifically for multiple owners do not directly pertain to the essence of a bargain and sale deed.