You can search for, get copies of, or update property ownership records, such as deeds and mortgages. A deed is often referred to as a title.The Office of the City Register records and maintains New York City real property and certain personal property transfer records, such as mortgage documents. The buyer will sign the mortgage documents (if applicable), the deed, and other paperwork related to the transfer of ownership. A deed transfer is the legal process of transferring ownership of real property from one party to another. Deed, which transfers ownership of real estate, contains the names of the buyer and seller and a legal description of the property. New York's statutory shortform sample deeds have titles like Deed with Full Covenants, BargainandSale Deed, and Quitclaim Deed. A New York deed is a form used to convey property ownership from a seller (grantor) to a buyer (grantee). Of a house deed), but is not delivered at a coop closing. ii. Deeds are the ultimate evidence of real property ownership that carry significant legal and financial consequences.