Real Estate Word of the Day: Deed
Posted by Tom Crimmins Realty on
Real Estate Word of the Day: Deed
A deed is a legal document that transfers ownership of a property from one party to another. It serves as undeniable proof that a property's ownership has changed hands and outlines the terms and conditions of the transfer. The act of transferring a deed is often referred to as conveying the property. Deeds might seem like a mere piece of paper, but they are the foundation upon which real estate transactions and ownership rights are built. Whether you're a seasoned real estate investor or a first-time homebuyer, understanding deeds is essential for a successful and secure property transaction.
Why Deeds Matter
Deeds are the primary means of establishing ownership. They provide concrete evidence that you have…205 Views, 0 Comments