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bargain and sale deed

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia 0.01 sec.
deed
Any duly attested, written document executed under seal and delivered to effect a transfer, bond, or contract, such as a conveyance of real property or interest therein.


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From the suit: “In furtherance of this ‘inside deal,’ defendants executed a bogus bargain and sale deed that is invalid and a nullity by virtue of its failure to comply with the most rudimentary requirements of New York real property law.
The developers are seeking bargain and sale deeds, with the residential deed going to Boston Properties and the commercial deed going to the IDA.
 
 
 
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