Definition of Deed

A "deed" is a legal instrument used for transferring title to real estate from one party to another. The person who transfers the title is called the "grantor." The person who acquires the title is called the "grantee." Examples of deeds are grant deeds, warranty deeds and quitclaim deeds. The type of deed used depends on the language of the deed, the legal capacity of the grantor, the type of title to be conveyed, and other circumstances. The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of the state where the property is located, and should usually be notarized. The deed then should be recorded in the county recorder's office where the property is located.