Title vs Deed

What's the difference between a title and a deed.

Selling your home. Isn't as hard as it may seem when you call Bryan Crawford at the New Mexico dream house team!

Hi, this is Bryan with NM Dreamhouse at Keller Williams here to answer some questions about real estate. What is the difference between a title and a deed? It's a question that comes up all the time. And I've had people who pay off their houses and say, man, we never got sent the title or anything. Well, it's because houses don't have titles. They have something called a deed, a deed isn't a physical anything. It's a record of ownership. That's usually held in the county. So you can get a copy of your deed, meaning you can get a copy of that county recording, but you'll own that property based upon a recording with a government agency. And that's what title companies do is when, when a title company, when a property shifts hands, they go back through all of your deeds, not titles.

I know it sounds goofy, right? But they go back through all your deeds and every deed transfer from the Dawn of time and ensure that that property is getting sold cleanly every time. Meaning there aren't any liens or encumbrances that aren't disclosed. So a deed of real property has a deed. Now you hear me say real property versus the personal property. There are some like a manufactured home, for example, will have a title until that title is deactivated and it's attached to real property.

Real property is land. It's tangible. If something you can go stands on and then you have something called an improvement. So if you build a house on top of real property, which is land, that house then becomes affixed to that real property and the house becomes real property. So real property has a deed. Personal property has a title.

So usually the defining difference is that real property is dirt. Something's affixed to, it becomes real property. Personal property is something that's not affixed to it. So with manufactured homes, for example, you can back a truck up, hook it up, and drag it away. It's considered personal property. It's not attached to the property. It is not attached until it goes through a legal process called attachment and deactivation. So when you pay off your house, you're not gonna get a copy of the title, why it doesn't have a title.

It has a deed. When you pay off your vehicle, you get a copy of the title. You go and you pay cash for a vehicle. You get a title. So personal property has a title. Real property has a deed. Hopefully, that answers some questions for you.Want to buy a home in Farmington?

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Bryan Crawford
New Mexico Dream House
6584 East Main
Farmington, New Mexico 87402
505-501-8887