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In this lesson, we explore how title to real property is transferred by deed. There are several ways to acquire title, including through a will, intestate succession, and adverse possession. The most fundamental method for a living person to transfer title is via a deed, which differs from a contract. Unlike contracts that require consideration for enforcement, a deed allows for the transfer of property without a bargained-for exchange, enabling individuals to gift real property. Understanding these distinctions is crucial in recognizing how property rights are conveyed.