A bargain and sale deed is in United States real property law, a deed "conveying real property without covenants". Property law. Part of the common law series.

Bargain and Sale Deed This form of deed is most commonly used in downstate real estate transactions (i.e. New York City, surrounding suburbs and Long Island). The recipient of a bargain and sale deed is acquiring real property without knowing if there are any encumbrances on it, unless stated in the deed.

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.

In New Jersey, a bargain and sale deed with covenant against grantor's acts provides the grantee with a covenant that the grantor has not committed any act that would encumber title to the real property being conveyed. This is the most common type of deed used in New Jersey.

A bargain and sale deed is not much better. It passes the same grantor's interest as does a quit claim deed. ... And, as with a quit claim deed, there is no vesting of any title better than that the grantor had the power to convey.

To sell houses. The quitclaim deed provides no warranties; it conveys the interest the grantor had in the property nothing more. ... The bargain and sale deed indicates that the grantor has title; but property might come with encumbrances and defects.