Which instrument is most commonly used to transfer Fee Simple ownership of a parcel of land to a new owner?

Which instrument is most commonly used to transfer Fee Simple ownership of a parcel of land to a new owner?

• A. Deed
• B. Lease
• C. Mortgage
• D. Lien

Answer: (A)

Transferring ownership of real property is accomplished with a deed. A deed is a written instrument by which the grantor conveys an interest in the property to the grantee, typically in fee simple—the broadest form of ownership. The deed, once properly executed and delivered (and often recorded in the land registry), actually passes title from seller to buyer. Leases only transfer possession for a set term, not ownership. A mortgage creates a lien to secure repayment of a loan, not ownership. A lien is a claim against the property for debts, and does not transfer title. So the deed is the instrument that most directly and commonly transfers Fee Simple ownership.

Transferring ownership of real property is accomplished with a deed. A deed is a written instrument by which the grantor conveys an interest in the property to the grantee, typically in fee simple—the broadest form of ownership. The deed, once properly executed and delivered (and often recorded in the land registry), actually passes title from seller to buyer. Leases only transfer possession for a set term, not ownership. A mortgage creates a lien to secure repayment of a loan, not ownership. A lien is a claim against the property for debts, and does not transfer title. So the deed is the instrument that most directly and commonly transfers Fee Simple ownership.