A deed is the document used to transfer title rights of a property from the current owner (grantor) to a new owner (grantee). Title refers to the bundle of legal rights that give ownership of a property, including the rights to possess, control, enjoy, exclude others from, and dispose of the property. When purchasing a home, a buyer must receive a deed from the seller to legally take ownership and claim title to the property.

1. A Deed is the vehicle
of Title Transfers
Buying a home isn’t as simply as handing a wad of
cash to the current owner and moving your stuff in. A
new homeowner must show they have a right to the
title of the property.
What is title?
Title is the bundle of rights to a piece of
property in which a party may own either
a legal interest or equitable interest.
Holding title refers to ownership of
property and the right to use or modify it.
Right of Possession
It’s often thought of like a bundle of sticks. The bundle of
rights can be separated and reassembled in a variety of
ways among different people. The types of rights include:
Right of Exclusion
Right of Control
Right of Enjoyment Right of Disposition
What is a deed?
The deed is the document showing who has current title rights.
It’s the vehicle to transfer title rights from one person or group of
people to another. The person selling or giving the property to the
new owner is the Grantor. The one taking ownership of the
property is called the Grantee.
Grantor GranteeDeedDeed
Title RightsTitle Rights
It’s important that the deed has no errors, like missing
marital status, misspelled names, or incorrect legal
description of the property. Be sure to review your deed, and
reach out to your Realtor or Title Agent if you notice any issues.
www.proplogix.com/blog
Get more information on homebuying at