Bargain and Sale Deed with Covenants against Grantor's Acts
(Commercial) (NJ)

Summary

This is a template for a bargain and sale deed with covenants against grantor's acts that may be used in commercial real property transactions in New Jersey to transfer title and interest from the seller to the buyer. This template includes practical guidance, drafting notes, and alternate and optional clauses. In this type of deed, the seller / grantor warrants to the buyer/grantee that the seller / grantor has done no act to encumber title to the real property that is the subject of the deed. This template is the most common type of deed used in New Jersey commercial transactions. For a bargain and sale deed with covenants against grantor's act for use in residential transactions in New Jersey, see Bargain and Sale Deed with Covenants against Grantor's Acts (Residential) (NJ). For other deeds to use in residential transactions in New Jersey, see Quitclaim Deed (Residential Transaction) (NJ), General Warranty Deed (Residential Transaction) (NJ), and Special Warranty Deed (Residential Transaction) (NJ). For guidance on New Jersey acknowledgments, see Commercial Real Estate Ownership (NJ). For information on recording real property documents in New Jersey, see Recording Procedures (NJ). For information on deed transfer taxes in New Jersey, see Real Property Transfer Taxes (NJ) and Property Transfer Taxes and Fees (NJ). For information on the process of buying and selling residential real property in New Jersey, see Residential Purchase and Sale Transactions Resource Kit (NJ). For information on the process of buying and selling commercial real property in New Jersey, see Purchase and Sale of Commercial Real Property (NJ). For information on ownership structures used when acquiring residential or commercial real property in New Jersey, see Choice of Ownership Structure of Real Property (NJ). For more on deeds in general, see Types of Deeds and Key Provisions. For information on deed transfer taxes, see Deed Transfer Tax State Law Survey. For general information on recording real property documents, see Recording Real Property Documents. For further guidance on acknowledgments, see Statutory Forms of Acknowledgment State Law Survey. For a full listing of key content covering purchasing and selling residential real estate, see Purchasing and Selling Residential Real Estate Resource Kit. For a full listing of key content covering purchasing and selling commercial real estate, see Purchasing and Selling Commercial Real Estate Resource Kit.