This is a document that transfers the title of real property from one party to another subject to an encumbrance. This type of deed provides a guarantee that the transfer is lawful, and requires the transferring party to defend against any claims of ownership. However, the property is transferred along with a lien or encumbrance, such as a vendor's lien or real estate lien. The debt instrument can be attached to this agreement under "Schedule A." This document can be used by individuals or entities that want to transfer the title of real property along with an encumbrance while providing a guarantee of true and legal ownership.