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Deeds in real estate transactions must meet specific requirements, including words of conveyance, identification of parties, and a description of the property. Grant deeds or quit claim deeds are common forms of deeds. Ownership transfer in real estate must be in writing, with limited exceptions such as estate at will, lease for one year, adverse possession, or an oral agreement with possession, payments, or improvements. Executed oral agreements for real estate transfers can be enforced.
