In the previous lesson we discussed the different forms of real estate ownership and some restrictions on ownership. Lesson 4 focuses on how to transfer real property from one owner to another, either by choice or by force.
Deeds are the documents used to transfer property.
We will also discuss the nature of a valid deed, how and why deeds are recorded, and how a parcel of land is identified in a deed. Transfers of real property may be voluntary or involuntary acts. Alienation is the legal term for transferring ownership or interest in real property and is most commonly achieved by sale or lease. Voluntary alienation of real property can occur by deed, by will, or by dedication. Involuntary alienation of real property can occur by adverse possession, sheriff's sale, foreclosure, condemnation, by virtue of eminent domain, and several other involuntary forms of real property transfer.