In the law of real property, the merger doctrine stands for the proposition that the contract for the conveyance of property merges into the deed of conveyance; therefore, any guarantees made in the contract that are not reflected in the deed are extinguished when the deed is conveyed to the buyer of the property.
The merger doctrine traditionally applies only to covenants of title. The parties may by contract abrogate the doctrine and provide that some or all terms of the contract survive the closing and delivery of the deed.
Famous quotes containing the word doctrine:
“Among the best traitors Ireland has ever had, Mother Church ranks at the very top, a massive obstacle in the path to equality and freedom. She has been a force for conservatism, not on the basis of preserving Catholic doctrine or preventing the corruption of her children, but simply to ward off threats to her own security and influence.”
—Bernadette Devlin (b. 1947)