#propertydeed

Question: What is the term for the legal document that transfers ownership of real property from one party to another?

Answer: The legal document that transfers ownership of real property from one party to another is called a Deed.

Common types of deeds include:

Warranty Deed – Provides the highest level of protection to the buyer, guaranteeing clear title.

Special Warranty Deed – Covers only the period during which the seller owned the property.

Quitclaim Deed – Transfers whatever interest the seller has in the property without warranties.