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Definition Deed - a written, legal instrument that conveys an estate or interest in real property when it is executed and delivered.

Application in Divorce Married partners normally hold a fee simple deed to the marital home and own the property by the entirety. If the property is sold to a third party as a result of the divorce, this title is completely marketable and can easily be insured by a title company.

There are numerous types of deeds, conveying rights to the owner.

See also Quitclaim Deed and Warranty Deed.

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