The most important document at closing is the?

The deed is the most important document at closing because it serves as the official legal instrument that transfers ownership of the property from the seller to the buyer. Upon signing, the deed creates a recordable change in title, meaning that it can be filed with the local government to give public notice of the new ownership. This process ensures that the buyer's rights to the property are legally recognized and can protect the buyer from claims by third parties.

While the other documents listed, such as the purchase agreement, title insurance, and closing disclosure, play crucial roles in the real estate transaction, they do not have the same immediate legal effect of transferring ownership. The purchase agreement outlines the terms of the sale, and the closing disclosure details the financial aspects of the transaction, including loan terms and closing costs. Title insurance provides protection against potential property claims but does not itself convey ownership. Therefore, the deed holds the paramount importance as it finalizes the transaction and confirms the buyer's rightful ownership of the property.