Which document typically outlines the terms of property ownership transfer?

The property deed is the document that specifically outlines the terms of property ownership transfer. It serves as the official record that confirms the transfer of ownership from one party to another. The deed typically includes essential details such as the names of the grantor (the seller) and grantee (the buyer), a description of the property, and any covenants or conditions related to the property. By signing the deed, the owner is relinquishing their rights and transferring them to the buyer, which is a crucial step in the process of purchasing real estate.

In contrast, the lease agreement governs the rental arrangement between a landlord and tenant but does not involve ownership transfer. The mortgage contract outlines the loan terms for financing the property purchase, but again, it does not pertain directly to the transfer of ownership. The zoning certificate relates to land use regulations and does not impact the ownership transfer process. Therefore, the property deed is the key document for this purpose.