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Commonly Asked Questions about Deeds & Property Transfers

A deed is an official written document declaring a persons legal ownership of a property, while a title is a legal concept that refers to ownership rights. Heres a way to remember the difference: You can own a physical copy of a book, but you cant hold the books title in your hand.
In Louisiana, quitclaim documents are frequently used to transfer property between relatives. They enable sellers to add their spouse to the title, parents to transfer real estate to their children, and siblings to exchange property. A quitclaim deed does not change an existing mortgage.
The most common way to transfer property is through a general warranty deed (sometimes called a grant deed). A general warranty deed guarantees good title from the beginning of time.
Transfers of real property must be in writing and docHubd. Deeds should be recorded in the county where the property is located. To ensure a legal change to the property title, youll want the services of an attorney. A qualified attorney will prepare and file the real estate transfer deed.
Family members can transfer property to one another without estate tax penalties by putting the property into a trust. When placed into an irrevocable trust, the property is no longer considered part of your estate after you die.