Which document is required to transfer title from buyer to seller?

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Multiple Choice

Which document is required to transfer title from buyer to seller?

Explanation:
Transferring ownership of a freehold property is accomplished with a Freehold Transfer. This is the formal instrument that conveys the title from the seller to the buyer and triggers the update of the Certificate of Title at the Land Title Office. It is signed by both parties and filed with the appropriate supporting documents and fees so the new owner’s name can be registered. The Lease Agreement covers rental arrangements, not ownership transfer. A Deed of Gift can transfer title in a gifting scenario, but it isn’t the standard method used for a sale. The Certificate of Title is the record of who currently owns the property, not the document that effects the transfer itself.

Transferring ownership of a freehold property is accomplished with a Freehold Transfer. This is the formal instrument that conveys the title from the seller to the buyer and triggers the update of the Certificate of Title at the Land Title Office. It is signed by both parties and filed with the appropriate supporting documents and fees so the new owner’s name can be registered.

The Lease Agreement covers rental arrangements, not ownership transfer. A Deed of Gift can transfer title in a gifting scenario, but it isn’t the standard method used for a sale. The Certificate of Title is the record of who currently owns the property, not the document that effects the transfer itself.

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