What Is The Difference Between Title Deed And Deed Of Transfer?

What Is The Difference Between Title Deed And Deed Of Transfer?

A Title Deed is a legal document that serves as evidence of a person’s legal ownership of a property.  It is the document that proves someone’s legal right or title to a building or a piece of land.

On the other hand, a Deed of Transfer is a document used in conveyancing to transfer real property from its legal owner to another party.

It is a written instrument that conveys or transfers the title to real property. It is an executed conveyance and acts as a present transfer of the property.

A Deed of Transfer is a physical, legal document that must be signed by the grantor and shows a transfer of ownership when transferring title from one party to another

In essence, a Title Deed is the evidence of ownership, while a Deed of Transfer is the document used to transfer this ownership from one party to another.

A Title Deed and a Deed of Transfer are both legal documents related to property ownership, but they serve different purposes and are used in different contexts.

However, it’s worth noting that in some contexts, the terms Title Deed and Deed of Transfer are used interchangeably, as they are essentially the same document

What Is The Meaning Of Transfer Deed?

A transfer deed is a formal legal document used to convey the title or ownership of real estate property from one party to another. In a real estate transaction, the transfer deed serves as the official record of the transfer of property rights.

It contains details about the property, the names of the parties involved (the grantor, who is transferring the property, and the grantee, who is receiving it), and the terms and conditions of the transfer.

The transfer deed is typically signed by the grantor and may require witnessing and notarization to make it legally valid. This document is crucial for establishing and confirming the change in property ownership.