Buyers and sellers often misunderstand the real estate definitions for deed and title, thinking the two are interchangeable. This is false. In short, the title is a document that proves you own a property. The deed is the legal documents that facilitate the transfer of deeds from one party to another (seller to the buyer of their home). To make the deed — and, therefore, the transfer of property — legally binding, it needs to be approved by a judge or at an assessor’s office, depending on local housing regulations.