A deed is a written document that shows legal proof of title for one’s interest in a specific property. Deeds are transferred upon the consummation of a sale to transfer property and are used as evidence of one’s legal rights to real property. There are many different types of deeds, and this section will provide comprehensive details of deed variations.
A deed is transferred from the grantor (property owner) to a grantee (typically buyer) who will receive the property. Transfer of title may be voluntarily or involuntarily. An example of involuntarily may be through a foreclosure which transfers the deed of the property from the original owner to the mortgage investor (bank, private investors, etc). A voluntarily transfer is an intentional transfer of property from one party to another. An example of this may be a father transferring property to his son. All requirements for the deed must be met, if not the validity of ownership may be questioned.
