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Many people mistakenly believe that property deeds and titles are synonymous, but they serve distinct purposes. In real estate, "title" refers to ownership, while a "deed" acts as evidence of the transfer of that ownership. An analogy is made to a lunchbox; the name written on it signifies title (ownership), while the receipt from the store indicates the transfer from seller to buyer, akin to a deed. Title is a legal concept representing the right to a property, granting the owner rights to reside and utilize the property as desired. Unlike a deed, title is not a physical document but rather a legal acknowledgment of ownership rights.
