What is the term used for the legal process of transferring ownership of a property?

The legal process of transferring ownership of a property is known as a deed transfer. This process involves the execution of a legal document called a deed, which conveys the interest in the property from the seller (granter) to the buyer (grantee). A deed must be properly executed and delivered to be effective, and it typically includes essential information such as the names of the parties involved, a legal description of the property, and the signatures of the parties.

The term is critical in real estate transactions as it not only signifies the change in ownership but also serves as a public record that can be used to establish the new owner's rights to the property. Understanding the deed transfer process is essential for anyone involved in real estate, as it ensures that all legal requirements are met and that the transaction is valid and recognized by law.