What document is typically used to transfer ownership of real property?

What document is typically used to transfer ownership of real property?

• A. Title
• B. Lease
• C. Bill of Sale
• D. Deed

Answer: (D)

The document that is typically used to transfer ownership of real property is a deed. A deed is a legal instrument that conveys an interest in real estate from one party to another and serves as a public record of ownership. It includes essential details such as the names of the parties involved, a description of the property, and the signatures of the grantor (the seller) and often the grantee (the buyer). When a deed is executed and delivered, it effectively transfers legal title of the property, making it an essential component of real estate transactions. Other documents mentioned, like a title, represent the legal rights to the property but do not effectuate the transfer themselves. A lease pertains to rental agreements and does not convey ownership. Meanwhile, a bill of sale is used for the transfer of personal property, not real property. Thus, the deed is the correct answer as it specifically serves the function of transferring ownership of real property.

The document that is typically used to transfer ownership of real property is a deed. A deed is a legal instrument that conveys an interest in real estate from one party to another and serves as a public record of ownership. It includes essential details such as the names of the parties involved, a description of the property, and the signatures of the grantor (the seller) and often the grantee (the buyer).

When a deed is executed and delivered, it effectively transfers legal title of the property, making it an essential component of real estate transactions. Other documents mentioned, like a title, represent the legal rights to the property but do not effectuate the transfer themselves. A lease pertains to rental agreements and does not convey ownership. Meanwhile, a bill of sale is used for the transfer of personal property, not real property. Thus, the deed is the correct answer as it specifically serves the function of transferring ownership of real property.