Real Estate Terms Glossary
What is a Deed?
A real estate deed is a legal document used for transferring property ownership rights. Note that in its most basic form, a deed contains:
- A comprehensive description of the property involved
- The names of all the parties
Keep in mind that a deed is a legally binding and defensible instrument after all parties have signed it, and transfers property between these parties pursuant to its several covenants, restrictions, and special granting clauses.
Examples of Deeds
- Example 1: General warranty deed
- Example 2: Quitclaim deed
- Example 3: Special warranty deed
- Example 4: Deed of trust
Here’s Investopedia’s definition of a deed .
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