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Many people confuse property deeds and titles, but they serve different purposes. Title refers to the legal ownership of a property, signifying your rights to live in and use it. It is a concept rather than a physical document. Conversely, a deed is the evidence of the transfer of ownership; it is like a receipt proving that ownership has changed hands. For instance, when your mother packed your lunch box, writing your name represented title (ownership), while the receipt from the store served as the deed, showing the transfer of ownership from the store to her. Understanding this distinction is important for real estate studies.
