What document serves as proof of ownership of real property?

The deed is the definitive document that serves as proof of ownership of real property. It is a legal instrument that conveys title from the seller to the buyer and includes essential details such as the identities of the parties involved, a description of the property, and the signatures of the parties. Once signed and delivered, the deed establishes the buyer's legal ownership and rights to the property.

In contrast, a lease agreement is a contract that allows a tenant to occupy a property but does not confer ownership rights. The purchase agreement is a contract that outlines the terms and conditions of the sale but does not serve as proof of ownership; it typically precedes the execution of the deed. A title report, while it provides important information regarding the ownership history and any liens or encumbrances on the property, does not function as proof of ownership itself. It is primarily used to verify clear title before a purchase is finalized. Thus, the deed is the essential document that validates ownership in real estate.