Which document is used to transfer ownership of property from one party to another?
A) Title
B) Escrow account
C) Settlement statement
D) Appraisal
E) Deed

Question

Quizplus · Accepted Answer

A deed is a legal document that transfers ownership of property from one party (the grantor) to another (the grantee). It includes a description of the property, details about the transfer, and any relevant conditions or restrictions. Other documents like titles, escrow accounts, settlement statements, or appraisals may be involved in the process of transferring property ownership, but the deed is the essential document for this purpose.

Which Document Is Used to Transfer Ownership of Property from One