Which document reflects the transfer of land ownership?

Study for the ASU REA380 Real Estate Fundamentals Exam. Use flashcards, multiple choice questions, and get hints and explanations for each question. Prepare thoroughly for your exam!

The document that reflects the transfer of land ownership is a deed. A deed is a legal instrument that conveys title to real estate from one party to another. It not only serves as proof of property ownership but also includes details about the property and establishes the transfer of rights from the seller (grantor) to the buyer (grantee).

In the context of real estate transactions, a deed is essential because it is the official record that demonstrates who owns the property. The execution of a deed signifies that the seller agrees to transfer ownership to the buyer, making it a critical document in real estate law.

The other options are not suitable for this purpose. A title refers to the legal concept of ownership, but it does not represent a document that effects transfer. A lease establishes a contractual relationship between a landlord and tenant for the use of property but does not transfer ownership. A contract can involve the agreement to transfer ownership but is not the final document that accomplishes the actual transfer itself. Thus, the deed is the definitive document that fulfills the requirement of transferring land ownership.

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