What is the difference between a deed and a title in commercial real estate?

The terms deed and title are often used interchangeably when discussing commercial real estate, but they actually have different meanings. A deed is a legal document that transfers ownership of real property, while a title is the legal right to possess and use the real property. A deed is a document that shows who the owner of a piece of real estate is. When a deed is issued, it is recorded in the public record to show that the new owner has taken possession of the property. The deed includes specific information such as the names of the parties involved, the location of the property, and the amount paid for the property. A title, on the other hand, is the legal right to possess and use the real property. This right is established by the deed and is based on the original rights of ownership that the seller of the property has already obtained. In commercial real estate, this may include the right to use the property as a place of business, to build certain structures on the property, and to lease the property to others. In summary, a deed is a document that transfers ownership of a piece of real estate, while a title is the legal right to possess and use the real property. Having both documents is necessary for the successful completion of a commercial real estate transaction.

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What is the difference between a deed and a title in commercial real estate?

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