What is the difference between a deed and a title?

A deed and a title are both legal documents that are important when transferring titles to real estate property, but there is a big difference between the two. A deed is a written document that legally transfers ownership of a property from one person to another. It is signed by the person giving away the property (grantor) and the person receiving the property (grantee). A deed must also include specific language that includes the name and address of the parties, legal description of the property, and the words “in consideration of the premises,” which signifies that the grantor is transferring title in exchange for something. A title, on the other hand, is the legal document that establishes a person’s ownership of a property. It includes all the details of the party or parties who have an interest in the property. A title is issued in the form of a title report, which includes the chain of title for the property and lists all the owners of the property back to the original owner. In North Carolina, a title must be transferred through a deed in order for it to be legally binding and for the new owner to have a valid claim to the property. The deed must be signed by the grantor and notarized by a notary public before being recorded in the county registry. Once the deed is recorded, the title is officially transferred from the grantor to the grantee, and the grantee holds legal and full title to the property.

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