Deed
Definition of 'Deed'A legal document that grants the bearer a right or privilege, provided that he or she meets a number of conditions. In order to receive the privilege - usually ownership, the bearer must be able to do so without causing others undue hardship. A person who poses a risk to society as a result of holding a deed may be restricted in his or her ability to use the property.Deeds are most known for being used to transfer the ownership of automobiles or land between two parties. |
|
Investopedia explains 'Deed'For example, an individual who holds a deed for a particular section of land has a legal right to possess that land, but may not be able to build a shooting range on it because of the danger it would pose. In other cases, a holder of the title to a piece of property may be able to own the land but, for environmental reasons, not be allowed to develop it.Some other popular examples of deeds are commissions, academic degrees, licenses to practice, patents and powers of attorney, each of which grant the holder a given right or privilege. |
Related Definitions
Articles Of Interest
-
Promissory Notes: Not Your Average IOU
These may be a handy way to borrow money, but this convenience does not come without risk. -
Protecting Your Financial Documents From Disaster
Organizing and updating your records regularly can save you a lot of grief in a time of crisis. -
Attention Home Buyers! Why You Need A Lawyer
Property transactions are complex and subject to specific state/local rules. A professional can simplify the process. -
No Longer Nomads: The History Of Real Estate
From caves to condos, we look at how homo sapiens hunted for a home. -
Avoid Capital Gains Tax On Your Home Sale
If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer. -
Is it true that you can sell your home and not pay capital gains tax?
It is true in most cases. When you sell your home, the capital gains on the sale are exempt from capital gains tax. Based on the Taxpayer Relief Act of 1997, if you are single, you will pay no ... -
Top 4 Most Scandalous Insider Trading Debacles
Here we look at some of the landmark incidents of insider trading. -
Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street
From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street. -
Defining Illegal Insider Trading
The better you understand why insider trading can be criminal, the better you'll understand how the market works. -
Digging For Profitable Delistings
Deregistration can provide opportunities for savvy investors. We'll show you how to cash in.
Free Annual Reports