A deed in real estate is a legal document that gives you ownership rights of real property or assets. It transfers ownership from the seller (grantor) of the asset or property to the buyer (grantee). Notably, a deed is only valid in real estate if it is in writing, dated, and signed by the grantor and the grantee. Typically, signing the deed requires witnesses and the signatures may be notarized. Additionally, the deed contains the description and any other relevant information about the exact property or asset belonging to the new owner. Importantly, a deed has no expiration. You can record the deed as a public notice that the transfer of title to the real property is done.