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What is a legal document that conveys ownership of real property called?

Mortgage

Deed

A legal document that conveys ownership of real property is referred to as a deed. This document serves as an official record that transfers the rights of ownership from one party to another. The deed must be executed properly, including signatures and notarization, to be legally binding and effective. It outlines details such as the granter (the person transferring the property) and the grantee (the person receiving the property), the property description, and any conditions of the transfer.

In real estate transactions, the deed is critical because it provides proof of ownership and is necessary for any future dealings related to the property, such as selling or mortgaging it. Unlike a mortgage, which is a loan secured by the value of the property, or a contract, which can be an agreement to do something that may include the transfer of property but is not a title document by itself, the deed is specifically designed for conveying property rights. Title refers to the legal concept of ownership but is not a physical document used to transfer ownership like a deed.

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Contract

Title

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