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Commonly Asked Questions about Deeds in Real Estate

A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.
What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While its the best deed for the grantee, it gives the grantor the most liability.
The three most common deeds used for real estate transactions are: warranty deeds, quitclaim deeds, and grant deeds.
: a written instrument by which a person transfers ownership of real property to another see also deliver, grantee, grantor, recording act, registry, title compare certificate of title. Note: A deed must be properly executed and delivered in order to be effective.
In most states, the two most common types of deeds used to transfer property ownership are quitclaim deeds and grant deeds.
Check List for Recording Documents Avoiding Rejections: Grantor/Transferor/Seller is the same. Grantee/Transferee/Buyer is the same. Deed must be completed with names and address of Grantor(s) Grantee(s) Grantor(s) must be properly acknowledged by a notary public. All signatures must be original.
A property deed is a written and signed legal instrument that is used to transfer ownership of the real property from the old owner (the grantor) to the new owner (the grantee).
The three most common New York deeds are listed below: Warranty Deed. Bargain and Sale Deed. Quitclaim Deed.