Which document is typically used to transfer ownership of real property?

The document that is typically used to transfer ownership of real property is the deed. A deed is a legal instrument that conveys the interest in real estate from one party to another. It must be executed according to state laws, which generally require it to be in writing, signed by the grantor (the seller), and delivered to the grantee (the buyer).

Deeds contain essential information such as the names of the parties involved, a description of the property, and the signature of the grantor. Once a deed is properly executed and delivered, it provides evidence of the ownership transfer, meaning the grantee now holds legal title to the property.

The other documents listed serve different purposes in the real estate transaction process. For instance, a mortgage note represents the borrower's promise to repay the loan but does not transfer ownership. Title insurance protects against losses from defects in the title but does not facilitate the transfer itself. A closing disclosure provides a summary of the final terms and costs of a mortgage, ensuring transparency in the transaction but not affecting ownership transfer directly.