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Simple English definitions for legal terms

bargain-and-sale deed

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A quick definition of bargain-and-sale deed:

A bargain-and-sale deed is a written document that transfers ownership of property from one person to another in exchange for money, but it does not guarantee that the seller has a clear title to the property. This means that the buyer takes on the risk of any legal issues with the property. A deed is a legal document that proves ownership of property and can be used in court if there are any disputes.

A more thorough explanation:

Definition: A written instrument that conveys property to a buyer for valuable consideration but lacks any guarantee from the seller about the validity of the title.

Example: John sells his house to Jane for $100,000 using a bargain-and-sale deed. John does not make any promises about the title of the property, and Jane takes the risk that there may be issues with the title.

Explanation: A bargain-and-sale deed is a type of deed that is used in real estate transactions. It is different from other types of deeds, such as a warranty deed, because it does not provide any guarantees about the title of the property. This means that the buyer takes on the risk that there may be issues with the title, such as liens or other claims. In the example, John sells his house to Jane using a bargain-and-sale deed, which means that Jane is taking on the risk that there may be issues with the title.

bargain and sale | bargained-for exchange

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JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
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