Which document transfers ownership from the seller to the buyer?

Which document transfers ownership from the seller to the buyer?

• A. Quitclaim Deed
• B. Deed
• C. Warranty Deed
• D. Bargain and Sale Deed

Answer: (B)

Ownership is transferred through a deed—the legal instrument that conveys the seller’s interest in the property to the buyer. A deed, once properly signed, delivered, and accepted (and typically recorded), makes the transfer of title effective. Different forms of deeds exist to govern warranties about the title: a quitclaim deed transfers whatever interest the grantor has (often with minimal guarantees); a warranty deed provides broad assurances that the title is free and will be defended; and a bargain and sale deed conveys the grantor’s interest, usually with fewer guarantees than a full warranty deed. All of these are types of deeds, but the act that actually communicates ownership from seller to buyer is the deed itself.

Ownership is transferred through a deed—the legal instrument that conveys the seller’s interest in the property to the buyer. A deed, once properly signed, delivered, and accepted (and typically recorded), makes the transfer of title effective.

Different forms of deeds exist to govern warranties about the title: a quitclaim deed transfers whatever interest the grantor has (often with minimal guarantees); a warranty deed provides broad assurances that the title is free and will be defended; and a bargain and sale deed conveys the grantor’s interest, usually with fewer guarantees than a full warranty deed. All of these are types of deeds, but the act that actually communicates ownership from seller to buyer is the deed itself.