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A deed is a document that transfers the title to property from one owner to another. It describes the property being transferred and names all parties to the transaction. It is signed by all parties and is filed on the official record.

For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.

Essential Elements of a Valid Deed Competent parties: grantor and grantee. Words of grant or operative words of conveyance. Sufficient description of the property to be conveyed. Proper execution.

Essential components of a sale deed Details of the parties. Property description. Within a sale deed, there shall be a clause that informs the parties, in great detail, about the details of the property being transferred. ... Sale consideration. ... Indemnity clause. ... Transfer of title.

Hence, a deed must be in writing and signed by both the parties involved. There are different types of deeds, such as conveyance deed, gift deed, trust deed, mortgage deed, hypothecation deed, release deed, partnership deed, lease deed and partition deed.

Date and place of execution: The execution date of the deed, follows the description of the deed title, which is relevant in a document, for the applicability of the law, maturity period, registration and transfer of title, etc. Name and Description of the parties: Name and details such as age, address, etc.

The deed is a legal document that conveys real property ownership rights from the seller to the buyer. Typically, the document must be signed by the seller and the buyer and then recorded with the county or city recorder's office.