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Property deeds and titles are often confused as the same thing, but they serve different purposes. "Title" refers to ownership, while a "deed" is evidence of the transfer of ownership. Just like a receipt showing transfer of ownership of a lunch box, a deed serves as evidence of transfer in real estate. Title is the legal ownership of a home, giving you the right to use and live in it as you wish. It is a concept, not a physical piece of paper.