What is the legal document used to convey title to real property?

Prepare for the New York Real Estate Salesperson Test with interactive multiple choice questions and detailed explanations on each topic. Study effectively and pass your exam with confidence!

The legal document that conveys title to real property is known as a deed. A deed is a formal document that transfers property ownership from one party to another, and it must be executed following specific legal requirements to be valid.

When a deed is properly drafted, signed, and delivered, it includes crucial information such as the names of the grantor (seller) and grantee (buyer), a description of the property, and the intent to transfer ownership. This process ensures that the ownership rights are legally recognized and enforceable.

While a lease pertains to the rental of a property and outlines the terms under which a tenant may occupy a property, it does not transfer ownership. A bill of sale is typically used for the transfer of personal property, like goods or vehicles, rather than real estate. A mortgage, on the other hand, is a loan secured by the real property itself and does not convey title; instead, it creates a lien on the property in favor of the lender.

Thus, when determining the document that specifically conveys title to real property, the deed is the correct answer as it directly relates to the transfer of ownership rights.

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