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A deed and title are often thought to be the same thing, but they serve different purposes. Title is the legal ownership of a property, allowing you to live, sleep, and use it as you wish. On the other hand, a deed is evidence of the transfer of ownership, similar to a receipt showing the transfer from the store to your mother when she bought your lunch box, representing ownership. Title is a concept reflecting your right to something, while a deed is proof of ownership transfer.