A property deed is an instrument that enables sellers to convey real property to buyers, who become the new owners.To be legal, a property deed has several requirements: *It must be in writing with operative words and language that actually transfers ownership of a property. *The grantor, or seller, must have the legal right to sell the property, and the grantee, or the buyer, must be capable of receiving it. *It must identify the parties involved and adequately describe the property. *It must be signed by anyone who owns the property. *It must be legally delivered to the buyer, or someone acting on the buyer’s behalf. *And the buyer must accept it. Official deeds are used with legal proceedings, while most property transactions involve private deeds. The different types include: *General warranty deeds, which offer buyers the most protection. In a general warranty deed, the seller makes binding promises called covenants that protect the buyer against any and all claims on the land. It states the seller owns the land free of any liens or other legal burdens, and can sell it. *Special warranty deeds, in which the seller guarantees the title only against defects from that seller’s tenure of ownership. It does not provide protection from defects that occurred before or after the seller’s ownership. *Quitclaim deeds, which provide buyers with the least protection. The seller conveys the property to the buyer with no guarantees or promises regarding its condition. *And special purpose deeds, which are used with court proceedings and other legal actions. A few types of special purpose deeds include administrator’s, executor’s, and tax deeds.