Which document is typically used to transfer ownership of property?

The document that is typically used to transfer ownership of property is the deed. A deed serves as a legal instrument that officially conveys title from the seller (grantor) to the buyer (grantee). It contains essential information such as the names of the parties involved, a description of the property, and the signatures of the parties involved, which helps establish the transfer of ownership.

Deeds must meet specific legal standards to be enforceable, such as being in writing and signed by the grantor. They also come in various types, such as warranty deeds and quitclaim deeds, each providing different levels of guarantees regarding the title.

Other documents mentioned do not function in the same capacity. For example, a bill of sale is generally used for the transfer of personal property rather than real estate. A lease pertains to an agreement for the rental of property, which does not convey ownership but rather grants the right to use the property for a specified time. A warranty provides assurances concerning the title, typically included within a type of deed, but does not by itself transfer ownership. Thus, the deed is the primary document recognized for the transfer of property ownership.