Legal document (instrument) by which an asset owner (the grantor) transfers his or her right of ownership(title) in an asset to another party (the grantee). To be enforceable, a deed must (1) state on its face that it is a deed, (2) accurately describe the property which is the subject matter of the deed, (3) be validly signed (executed) in presence of the prescribed number of witnesses, and ... Read more

USAGE EXAMPLE

The deed to the land and house was signed over from the seller to the new owner of the property.