Prepare a Virginia Bargain and Sale Deed Form if you are selling the real property due to a foreclosure or estate settlement or you are planning to transfer residential real estate to your family member. This document allows parties to sell and buy property quickly if the buyer agrees they may have to handle third parties' claims and liens. To conform with the current regulations - Title 55 of the Code of Virginia - the parties have to provide a legal description of the real estate in the deed, the grantor must confirm their intention to sell the property before two witnesses, and the grantee is required to register the agreement with the local land records division.
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