What is a deed?
A deed is the legal document that transfers ownership of real property from one party to another.
Why it matters
Without a properly delivered deed, legal ownership does not actually change hands.
Common confusion
A deed transfers title; a contract (like a purchase agreement) only promises to transfer it.
Frequently Asked Questions
Is a deed the same as a title?
No — the deed is the document; title is the legal ownership rights it conveys.
Does a deed need to be recorded?
Recording is not always required to be valid between the parties, but it protects against later claims.
Who holds the deed?
The owner keeps it; lenders may hold it until a mortgage is paid.