Deed
Direct definition
The legal document that transfers ownership of real estate from one party to another.
Written by the Vabasso Mortgage Editorial Team · Reviewed against agency and federal sources · Read our editorial policy for how we research and review mortgage content
Plain-English explanation
A signed and recorded deed is what actually conveys the property. Different deed types (warranty, quitclaim, grant) provide different levels of protection.
Why it matters
Owning a home means having the deed properly signed, delivered, and recorded.
Where you may see it
- Deed
- County records
- Closing documents
A real-world example
At closing, the seller signs a warranty deed conveying the home to you; it's recorded that afternoon at the county recorder's office.
Educational and illustrative only
A common misunderstanding
A deed is not the same as a mortgage — the deed transfers ownership, while the mortgage or deed of trust secures the loan against the property.
Ask Vabasso AI
This glossary provides general educational information. Mortgage terminology, qualification methods, forms, timelines, fees, program rules, and legal meanings may vary by lender, investor, loan program, property, occupancy, state, and transaction. Definitions do not represent loan approval, legal advice, tax advice, or a commitment to lend.
- Author
- Vabasso Mortgage Editorial Team
- Reviewed by
- Vabasso Mortgage Licensed Advisory Team
- Last reviewed
- July 30, 2026