Daily Real Estate Vocab #32 - Deeds

Daily Real Estate Vocab is here! Today we are covering deeds. A deed is the legal document that transfers title from one person to another, or the written proof of ownership, for some form of asset or interest. Deeds are the legal documents that transfer title. It is the written document itself that conveys ownership. Deeds must be in writing, and usually can be found at the county courthouse in which the property exists. Now you need to be familiar with the difference between Deeds and title.. The terms are thrown around interchangeably all the time but the truth is they are not exactly the same thing. The average person assumes that deeds and title are the same thing, but they are actually two separate legal concepts. Luckily we have a full video on that here: https://youtu.be/0C4RkX0-G_w Now, it's also important to understand the different types of deeds. There are many different types of deeds and we are going to go over the most common, and the ones that will forsure show up on the real estate exam. There's the general warranty deed, Special Warranty Deed, and the The Quitclaim Deed. Don’t worry we’ll cover those next. For more vocab terms check out our ultimate guide here: https://realestatelicensewizard.com/real-estate-terms/ #realestate #realestateexam #realestatelicense -=-=-=-=- Don’t forget to like and subscribe for more!