What is the function of a deed?

A deed serves the essential function of conveying title to real estate from one party to another. It is a legal instrument that documents the transfer of ownership rights in a property. The execution of a deed indicates the intentions of the parties involved in the transaction, typically the grantor (the person transferring the property) and the grantee (the person receiving the property).

For a deed to effectively convey title, it must be in writing, signed by the grantor, and usually needs to be notarized and recorded in the appropriate local government office. This process ensures that the transfer of ownership is officially recognized and provides public notice regarding the new owner.

Understanding the role of a deed is critical for anyone involved in real estate transactions, as it solidifies legal ownership and defines the rights associated with that ownership.