A legal document that transfers ownership of real property from one party to another and serves as proof of that ownership.
There are several types of deeds — warranty deeds, quitclaim deeds, special warranty deeds — each offering different levels of protection to the buyer. A warranty deed provides the strongest guarantee that the seller has clear title and the right to sell. Deeds must be signed, notarized, and recorded with the local county recorder's office to be legally effective. Without a properly executed deed, there is no verifiable proof of ownership.
GoForth, a luxury co-ownership company, holds each property under a dedicated LLC, and the deed is recorded in the LLC's name. Each of the four co-owning families holds a 1/4-interest membership interest in that LLC, giving them real, documented ownership backed by the deed. This structure provides clear legal protection while simplifying transfers — when an owner exits, the LLC membership interest changes hands without needing to re-deed the property itself.