DeedDefinition, Real Estate / Legal Document, Property Ownership 4.5 (2) The legal instrument used to transfer property ownership from one party to another. Unlike the title (which is a concept of ownership), the deed is the physical record. Last Updated on 2 days by pinc How useful was this post? Click on a star to rate it! Submit Rating Average rating 4.5 / 5. Vote count: 2 No votes so far! Be the first to rate this post. We are sorry that this post was not useful for you! Let us improve this post! Tell us how we can improve this post? Submit Feedback