A quit claim deed can be used to transfer property or titles. In the State of Georgia, the instrument used to secure a debt on property is called a "Deed to Secure Debt" or "Security Deed.When the executor of a will signs a deed of assent in Georgia, they are agreeing to transfer the deceased's property to the intended heir. A property deed is a legal document that transfers real estate ownership from a seller to a buyer. It's not the same thing as a title. A contract for deed is an archaic legal contract, which is seeing recent revival. Originally referred to as a bond for title. A deed is a physical legal instrument that records the sale or transfer of property. Georgia recognizes estateplanning deeds that let an owner retain possession during life or immediately transfer ownership to another person. A deed is a legal document that transfers an individual's interest in a property to another person.