Which document transfers property to the buyer?

The deed is the legal document that facilitates the transfer of ownership of real property from the seller to the buyer. It serves as the official record of this transaction and must be executed according to the laws of the jurisdiction in which the property is located.

A deed contains essential information, including the names of the grantor (seller) and grantee (buyer), a description of the property, and the signature of the grantor. Once the deed is delivered and accepted, the buyer becomes the legal owner of the property.

In contrast, a bill of sale is primarily used for transferring ownership of personal property, such as vehicles or equipment, rather than real estate. A lease agreement creates a temporary arrangement that allows a tenant to occupy property but does not transfer ownership. A trust document outlines the terms of a trust and how assets are managed, but it similarly does not serve to convey property directly to a buyer. Therefore, the deed is the appropriate document when it comes to transferring property ownership.