TRENDING: Altus Group In “Strategic Review” That Could Result In Sale

Deed

Understand what a deed is in Canadian real estate, how it proves ownership, and its role in completing legal property transfers.

Deed

May 22, 2025


What is a Deed?

A deed is a legal document that transfers ownership of real estate from one party to another and is registered in the provincial land title system.

Why Deeds Matter in Real Estate

In Canadian real estate, the deed confirms legal ownership and includes details like the buyer’s and seller’s names, the property description, and the date of transfer.


Deeds are important because they:
  • Legally recognize the new owner
  • Enable property tax billing and title insurance
  • Are used in court to establish rightful ownership


A lawyer or notary handles the deed as part of the closing process. Once signed and registered, the deed becomes part of the public land registry.


Understanding the role of the deed ensures that buyers can verify ownership rights, access legal remedies, and meet requirements for title transfer and financing.

Example of a Deed in Action

At closing, the seller signs the deed transferring ownership to the buyer, and the lawyer registers it with the provincial land titles office.

Key Takeaways

  • Legal document that proves ownership.
  • Required for title transfer.
  • Registered in public land system.
  • Handled by legal professionals.
  • Central to buying and selling real estate.

Related Terms

Additional Terms

Recourse Loan

A recourse loan is a type of loan where the lender can pursue the borrower’s personal assets, beyond the collateral, in the event of default.. more

Pari Passu

A pari passu clause is a contractual provision ensuring that multiple creditors share equally in repayment priority from the borrower’s assets.. more

Non-Recourse Loan

A non-recourse loan is a type of loan where the lender’s only remedy in case of default is to seize the collateral property; the borrower is not. more

Net Operating Income

Net operating income (NOI) is the total income generated by a property after operating expenses are deducted but before taxes and financing costs.. more

Mechanic's Lien

A mechanic’s lien is a legal claim by a contractor, subcontractor, or supplier for unpaid work or materials provided for a property.. more

Lis Pendens

Lis pendens is a legal notice filed in the land registry indicating that a property is subject to ongoing litigation that may affect its title.. more

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