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Moneyextra.com Dictionary

Deed

A Deed is a legal document which has been "signed sealed and delivered" not just signed but signed and witnessed with a seal appended and formally handed over.

A deed has special significance in law for example a conveyance has no force in law unless it is in the form of a deed. Title to both freehold and leasehold property may only be transferred by deed.

See Also Mortgage Centre andMortgage comparison Service for the latest facts and figures.

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2009-02-17 00:00:00 © Moneyextra.com