The Quiz: What piece of paper proves ownership of a property?
Settlement
Lien
Gift letter
Deed
After purchasing a home, you receive a deed to the property — a physical piece of paper that declares your legal ownership. A deed and a title are similar concepts, but the property’s title is not a physical document, just a concept of one’s ownership rights. Typically, a home’s deed contains a description of the property and denotes both the seller and the buyer.
The correct answer to this quiz is Deed.