What method is typically used for transferring ownership of real property?

Study for the LEGL 2700 Hackleman 2 Exam. Enhance your skills with multiple choice questions, comprehensive explanations, and strategic study tips. Prepare for success!

Transferring ownership of real property is typically accomplished through a deed. A deed is a legal document that conveys title to real estate from one party to another. It must be executed according to specific legal standards, including being in writing, signed by the grantor, and delivered to the grantee. The deed serves as proof of the transfer, outlining the rights and limitations associated with the property.

While other concepts like a note, contract, and mortgage relate to real estate, they do not serve the primary function of transferring ownership. A note represents a borrower's promise to repay a loan, a contract may outline terms of an agreement but is not sufficient for transferring title on its own, and a mortgage is an agreement that secures a loan with real property as collateral. Thus, the deed's role is distinct and vital in the process of real property ownership transfer.

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