A legal written document that transfers possession of real property from one entity to another. Deeds are recorded at time of sale and when purchasing real estate, it is important to have a title search done where, among other things, a title company will review all the public records to see the chain of title, meaning they will review all the previous deeds recorded in connection with a property and if there were any breaks or gaps.
Below are some common types of deeds
- General Warranty Deed
- Special Warranty Deed (Limited Warranty Deed)
- Quitclaim Deed
- Bargain and Sale Deed
- Grant Deed