Sample Real Property and Land Documents: Deeds. The way a deed is written changes how the people named in the deed hold title to the real estate.5. DEEDS: Gift: Delivery. Trust Deed; Vacation. A successfully recorded document consists of two (2) items: your document and the correct payment for recording A quitclaim deeds affects only how the property is titled. It has no effect on the debts or loan obligations of both husband and wife. In real estate transactions, a trust deed transfers the legal title of a property to a third party until the borrower repays their debt to the lender. The shares transferred represented those included in the 1968 and 1969 deeds of gift. ¶ 5 On January 17, 1949, the United States Supreme Court decided the case of Spiegel's Estate v.