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A deed and title are often confused as the same thing, but they serve different purposes in real estate. While a deed is evidence of the transfer of ownership, title represents legal ownership rights to a property. Title is a concept, not a physical document, indicating the legal right to use and reside in a home. It allows you to enjoy and make decisions about the property. The deed acts as proof of ownership transfer, like a receipt of purchase. Both are essential elements in real estate transactions and ownership rights.