Legal Question in Real Estate Law in New York
Deed
What is the difference between a Bargain and Sale Deed With Covenants and a Bargain and Sale Deed Without Covenants, and under what circumstances would you use each document?
Asked on 7/25/08, 12:04 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Deed
A covenant is a promise. A deed with covenants means that you promise that the purchaser receives clear title to the property. A deed without covenants means that you make no promises concerning clear title. In other words, the property is being transferred as is.
Mike.
Answered on 7/25/08, 12:12 pm
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