Deed

A deed is the legal document that transfers ownership of real property from a seller to a buyer.

What Deed means

The deed names the grantor and grantee and describes the property. In Florida the warranty deed is most common because it guarantees the seller holds clear title, unlike a quitclaim deed.

Florida example

At a Florida closing, the seller signs a warranty deed conveying the home to the buyer, and it's recorded with the county clerk. Recording publicly establishes the new owner and protects against competing claims.

Related Mortgage Terms