A New Jersey seller conveys property using a deed that warrants title against all persons claiming by, through, or under the grantor, but not otherwise. The deed also recites a specific consideration amount. Which type of deed does this BEST describe?
Correct Answer
B) Bargain and sale deed with covenants against grantor's acts
A bargain and sale deed with covenants against grantor's acts is the standard deed used in New Jersey residential real estate transactions. The grantor's covenant is limited to warranting against claims arising from the grantor's own actions — meaning the grantor warrants title only against persons claiming 'by, through, or under' the grantor. This is a limited warranty, not a full warranty against all prior title defects. The recital of specific consideration is also characteristic of this deed type in New Jersey.
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