Which document transfers ownership of real property?

Prepare for the Indiana State Indy Metro PC Test with flashcards and multiple-choice questions, each with detailed explanations and hints. Ace your exam efficiently!

The document that transfers ownership of real property is a deed. A deed is a legal instrument used to convey title from one party to another. It serves as the official proof of ownership and includes critical information such as the names of the grantor (seller) and grantee (buyer), a description of the property, and the signature of the grantor.

When a deed is executed and delivered, it effectively transfers the rights and interests in the property from the seller to the buyer, making it a fundamental component of real estate transactions. Unlike other documents related to real estate, such as lease agreements, mortgage notes, and purchase agreements, which do not convey ownership, a deed is specifically designed for that purpose.

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