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Okay. How do you transfer ownership interests of real property, that is how do you transfer title in land? Generally its done through a document called a deed, so if youve ever purchased property youve probably gone to a process known as closing, that as you enter into a contract that at some future point in time you will exchange money or value and then you exchange a deed that transfers ownership interest or title to the property. Now the deed is a specific legal document that has a detailed description of the land tells the location, the boundaries, etc, normally has surveying boundaries on it and it explains that the land is being transferred from the prior owner or they listed owner to a new owner and it indicates the value for which its being transferred. Okay. And that tide or deed is recorded at the local register of deeds or courthouse, the place where property records are kept and it puts the public on notice that ownership interests are title in that land has been transf