Deeds and Transfer of Interest Explained

The video tutorial explains the process of transferring title and land through a document called a deed. It covers the closing process, where a contract is made to exchange money for property ownership. The deed is a legal document detailing the land's description and boundaries, indicating the transfer of ownership. Finally, the deed is recorded at a local register or courthouse, notifying the public of the ownership change.

What is the primary document used to transfer title in real property?

• A deed

• A lease

• A mortgage

• A contract

What is the process called when you finalize the purchase of a property?

• Closing

• Recording

• Surveying

• Listing

Which of the following is NOT typically included in a deed?

• Location and boundaries

• Owner's personal history

• Surveying boundaries

• Detailed description of the land

Where is a deed recorded to provide public notice of ownership transfer?

• Local library

• Register of deeds or courthouse

• Real estate office

• City hall

What does recording a deed at the courthouse signify?

• The property is for sale

• The property is under dispute

• Ownership has been transferred

• The property is being leased