Final answer:
In Illinois, to protect against defects in a grant bargain and sale deed, buyers may purchase a service contract or title insurance. These offer financial protection and repair coverage after property purchase.
Step-by-step explanation:
In Illinois (IL), when a grant bargain and sale deed is used in a real estate transaction, it is similar to a warranty deed but does not offer the same level of guarantees concerning the title. For added protection, a buyer may consider purchasing a service contract or obtaining title insurance. Title insurance protects against financial loss due to defects in title to real property and from the invalidity or unenforceability of mortgage liens. A service contract, akin to a warranty, may cover certain repairs and issues that arise after the purchase of the property, providing peace of mind and financial protection to the new homeowner.