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A deed is the actual legal document that would transfer the ownership (title) of a property from one person to another. A deed is signed by the person selling or transferring the property rights, called the grantor. The person purchasing or taking possession of the property rights is called the grantee.

For example, when a homeowner sells their home to a buyer, they would use a deed to do so. To be clear, the deed does not represent ownership in itself. Ownership interest in a house is called 'title,' and a deed is the legal vehicle used to transfer that title, or ownership, between parties.

How do I add my wife to my deed in NJ? To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorders office.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

The grantor must sign the deed and signatures must be acknowledged (notarized). The grantor and grantee must sign the consideration statement and the signatures must be notarized. The document must be filed in the county clerk's office of the county where the property is located (or the greater part).

General warranty deed It's the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.