The legal document signifying ownership of a property is a deed. Obtaining this document is a crucial step in solidifying property rights and establishing clear title. Transfer of this document typically occurs during the purchase or inheritance of real estate.
Possession of this document ensures the owner has the right to sell, lease, or otherwise transfer the property. It provides security and evidence of ownership, protecting against potential disputes or claims. Historically, physical documents were the primary form of proof. Modern practices often involve digital recording, which enhances security and accessibility.
