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The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.

The essential elements of execution are that it is signed (often in front of a witness), sealed (although rarely required these days) and delivered. Traditionally delivery meant literally that, i.e., handing over the deed to the person who was to take the benefit of it.

Deeds can also be advantageous even when they are not strictly required by law. For example, if only one party under a contract is receiving a real benefit from an agreement, it would be advisable under English law to execute the contract as a deed so that it is not void for lack of consideration.

What does 'executing a deed' mean? Executing a deed means signing and completing it as a legal document. Without proper execution of your deed, it may not be enforceable or legally binding. Ensuring your deed is properly executed can also help you avoid unwanted legal disputes in the future.

Making sure that your property deed is properly recorded is one of the single most important actions you can take to protect your legal rights and assets. This is because your deed is the only way to prove that you are the true legal owner of your own house or investment property.

First, when all parties have fully performed all the obligations of the agreement, the contract is said to have been executed. An executed contract also refers to a contract that has been signed by all the parties necessary to make it legally enforceable.

Grantor ? The person who owns the property and executes the deed conveying the property to another person. This can be one or more persons, a corporation, limited liability company (LLC), partnership or other entity. Grantee ? The person who receives title to the property.