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Between a Title and a Deed

Thursday, January 13, 2022   /   by Jeff Lovato

Between a Title and a Deed

A lot of times we get confused between a title and a deed. But what’s the difference between the two? These are often mistakenly interchanged in real estate. 

Buying and selling property is a complex task and can bring up tricky ownership issues, especially if the property was improperly transferred in the past, or liens are owed on it that could encumber the owner’s ability to sell it. Which is why you need the services of our top real estate agents . Our transaction coordinator works with you during the process to help provide invaluable service in verification and documentation on everything from Title to Homeowners Association documentation to making sure that title is transferred at closing.

Here is a brief summary of what a title and a deed really means. Title is an abstract concept describing someone’s right to legal ownership and use of a property, including the right to sell it. You take title of a home when you purchase it and must prove ownership without any additional claims to the property — before you can sell it. A title is the legal concept of the right to own that property. 

A deed is the physical document that passes those ownership rights from seller to buyer and is usually recorded with the courthouse or assessor’s which says you own a property. A deed serves as physical proof of when a property changed hands. 

To sell a home, you must transfer title to the new owner using a deed. A title search will verify that the title is free and clear of any claims, and title insurance will likely be issued to the lender and buyer to protect against unknown title problems.

A deed and title are closely related — you need both to make a legitimate sale or transfer of property. 

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Keller Williams Integrity Realty
Jeff Lovato
50 S Steele Street, Suite 700
Denver, CO 80209

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