A Connecticut property was acquired by the town of Greenwich through eminent domain and is now being transferred to a private developer as part of a redevelopment project. The town's attorney explains that the town will use a deed that conveys the property without any warranty of title, reflecting the town's position that it is conveying only the interest it acquired through the eminent domain proceeding. Which deed type is most consistent with this description?
Correct Answer
A) Bargain and sale deed
A bargain and sale deed conveys the grantor's interest in the property without any warranty covenants. Government entities in Connecticut, including municipalities conveying property acquired through eminent domain, tax sale, or other governmental processes, commonly use bargain and sale deeds because they are unwilling or unable to provide any warranty of title. The deed conveys whatever interest the town holds, with no promise to defend the title against any claims. This is the appropriate deed form when the grantor makes no representations about the quality of title.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Riparian rights concern properties bordering flowing bodies of water (rivers, streams), while littoral rights concern properties bordering non-flowing bodies of water (lakes, oceans).
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
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