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Deeds in real estate transactions must meet requirements by including conveyance words, identifying parties, describing real estate, and being suitable for recording. Deeds can be grant deeds (RPI form 404) or quit claim deeds (RPI form 405). Ownership transfer in real estate must be written, with exceptions for estate at will, short-term lease, adverse possession, or executed oral agreements where possession or improvements are made. Oral agreements for real estate transfer may be enforced if partially or fully performed.