Deed

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

Deed



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

Construction Loan

A construction loan is a short-term, interim financing option used to fund the building or major renovation of a property, with funds disbursed in. more

Certificate of Occupancy

A certificate of occupancy is an official document issued by a municipal authority confirming that a building complies with applicable codes and is. more

Bylaw Variance

A bylaw variance is official permission granted by a municipal authority allowing a property owner to deviate from local zoning or building bylaw. more

Absorption Rate

Absorption rate is a metric that measures the rate at which available properties are sold or leased in a specific market over a given period.. more

Corporate Restructuring

Corporate restructuring refers to the reorganization of a company’s operations, assets, or liabilities, often under court supervision, to improve. more

Consumer Proposal

A consumer proposal is a formal, legally binding agreement in Canada between an individual and their creditors to repay a portion of their debt over. more

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