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Special warranty deeds are most commonly used in commercial real estate transactions. Grant deeds — Grant deeds work much like general warranty deeds with one important exception. Like general warranties, grant deeds guarantee that the seller has the right to sell the property and that it's free of liens and debt.

Examples of a deed are deeds of hypothecation for creating charge on movable properties in favour of the banks/financial institutions etc. An agreement by its name suggests that there should be at least two parties signing/approving the same. Examples of an agreement are agreement to sale, loan agreement etc.

Definitions of deed. a legal document signed and sealed and delivered to effect a transfer of property and to show the legal right to possess it. “he signed the deed” synonyms: deed of conveyance, title.

Bottom Line. When you're looking at purchasing a piece of land, there are 5 main types of deeds that you can use: Warranty Deed, Special Warranty Deed, Quitclaim Deed, Bargain and Sale Deed, and a Grant Deed. A Warranty Deed is the best of the best.

A deed is an official written document declaring a person's legal ownership of a property, while a title refers to the concept of ownership rights. Here's a way to remember the difference: Although you can own a physical copy of a book, you can't hold a book's title in your hand.

When you own a home, the deed is the physical document that proves ownership. The title is the concept of legal ownership that the deed grants you. You can think of the deed as the document that transfers, or passes on, the title or the right to ownership. When you buy a home, you need both.

Having your name on a deed means that you have property title, which represents a set of rights you have as a homeowner.