Which document is commonly used to transfer ownership of property?

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In real property transfers, the deed (conveyance) is the document that actually transfers ownership from the seller to the buyer. It is a legal instrument that conveys title and is typically signed and recorded with the local government to give public notice of the transfer and protect the new owner's rights. Escrow is a closing arrangement that holds funds and documents, but it doesn’t transfer ownership by itself. A mortgage is a loan secured by the property and creates a lien, not ownership. A patent relates to rights granted for inventions, not real estate ownership. Types of deeds, like warranty or quitclaim, describe the level of title protection but all serve the same basic purpose: transferring ownership.