Illinois Real Estate Practice Exam

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Prepare for the Illinois Real Estate Test. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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What is the primary function of a Bargain And Sale Deed?

Ensure clear title
Express warranties of title
Grant, bargain and sell
Revise, release, alienate, and convey

The correct answer is: Grant, bargain and sell

A Bargain And Sale Deed primarily serves the function of "Grant, bargain and sell." This type of deed implies that the grantor has the right to convey the property but does not provide any warranties or guarantees regarding the title. It transfers the ownership interest from the grantor to the grantee without any promises about the quality of the title. Option A, Ensure clear title, is incorrect because a Bargain And Sale Deed does not assure or guarantee a clear title. Option B, Express warranties of title, is incorrect because this type of deed does not provide any explicit warranties of title. Option D, Revise, release, alienate, and convey, is incorrect as it does not accurately reflect the primary function of a Bargain And Sale Deed which is to grant, bargain, and sell the property.