Title transfer refers to the legal process of transferring ownership of a property or asset from one party to another. This process is essential in real estate transactions, where the deed is signed to officially change ownership. It ensures that the new owner has the legal right to the property and can use it as they wish. In addition to real estate, title transfer can apply to vehicles, businesses, and other assets. Proper documentation, such as a bill of sale or title certificate, is necessary to complete the transfer. This helps protect both the buyer and seller by providing a clear record of ownership.