What is a "Deed" best defined as?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

A deed is best defined as a written instrument that indicates a person's intent to transfer ownership of real property from one party to another. This legal document must meet specific requirements to be valid, including being in writing, signed by the grantor, and delivered to the grantee. The primary function of a deed is to provide a clear record of ownership transfer, making it essential in real estate transactions.

While the other options mention aspects related to property, they do not accurately describe what a deed is. A notarized statement regarding property history pertains more to property records than to the act of transferring ownership. An electronic form of title ownership may refer to modern methods of recording but does not capture the traditional definition of a deed. A contract for leasing premises describes a lease agreement, which is different from the act of transferring ownership through a deed. Thus, the definition of a deed as a written intent to transfer ownership is the most precise and relevant option.

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