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Deed and title are not the same thing, as many people believe. In real estate, title refers to ownership rights, while a deed is evidence of a transfer of ownership. Title is a legal concept representing your ownership of a property, giving you the right to live there and use it as you wish. Just like your mother packing your lunchbox for school and writing your name on it to show ownership, a deed serves as evidence of the transfer of ownership, similar to a receipt.