Which document shows the change in ownership of a property?

Which document shows the change in ownership of a property?

• A. Deed
• B. Certificate of Title
• C. Ownership Transfer Form
• D. Property Trust Document

Answer: (A)

The deed is the correct answer, as it is the legal document specifically designed to convey ownership of a property from one party to another. When a property is sold or transferred, the deed is executed to formally document this change in ownership, outlining the identities of both the grantor (the seller) and the grantee (the buyer), as well as a description of the property being transferred. The deed serves multiple critical functions, including providing a public record of the change in ownership, which is important for establishing the current titleholder and for the protection of property rights. In most cases, a deed must be recorded with the appropriate governmental authority to complete the transfer process. The other documents mentioned, while related to property ownership, have different functions. For instance, the certificate of title is a document that confirms the legal ownership of a property and provides evidence of title but does not itself transfer ownership. The ownership transfer form may sound like it serves a similar purpose, but it's typically a less formal or less commonly recognized document compared to a deed. Finally, a property trust document pertains to properties held in a trust and addresses the terms of that trust rather than the direct transfer of ownership like a deed does.

The deed is the correct answer, as it is the legal document specifically designed to convey ownership of a property from one party to another. When a property is sold or transferred, the deed is executed to formally document this change in ownership, outlining the identities of both the grantor (the seller) and the grantee (the buyer), as well as a description of the property being transferred.

The deed serves multiple critical functions, including providing a public record of the change in ownership, which is important for establishing the current titleholder and for the protection of property rights. In most cases, a deed must be recorded with the appropriate governmental authority to complete the transfer process.

The other documents mentioned, while related to property ownership, have different functions. For instance, the certificate of title is a document that confirms the legal ownership of a property and provides evidence of title but does not itself transfer ownership. The ownership transfer form may sound like it serves a similar purpose, but it's typically a less formal or less commonly recognized document compared to a deed. Finally, a property trust document pertains to properties held in a trust and addresses the terms of that trust rather than the direct transfer of ownership like a deed does.