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A deed and title are often confused to be the same thing, but they serve different purposes in real estate. Title signifies ownership, while a deed is evidence of the transfer of ownership. Think of it like your mother packing your lunchbox with your name on it, showing ownership (title) while the receipt represents the transfer of ownership (deed). Title is a legal concept, not a physical document, indicating your ownership rights to a property, allowing you to live in, sleep in, and use it as you wish.