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The difference between a deed and title is often misunderstood. Contrary to popular belief, they serve different purposes in real estate. While a deed acts as evidence of the transfer of ownership, title refers to the legal ownership rights of a property. Think of title as the concept of ownership, not just a piece of paper. It gives you the legal right to live in, use, and enjoy a property as you see fit. Just like how your mother's name on your lunch box signifies ownership, a deed serves as proof of the transfer of property ownership.