What legal document conveys title to a condominium unit?

The legal document that conveys title to a condominium unit is a deed. A deed is a formal written instrument that transfers ownership of real property from one party to another. In the context of condominiums, the deed serves as the proof of ownership and specifies the exact unit being conveyed along with any common areas or interests associated with it.

When purchasing a condominium, once the sale is finalized, the deed is executed and recorded in the appropriate government office, officially recognizing the buyer as the new owner. This process is crucial because it establishes legal ownership and is often required for financing, insurance, and any future sale of the property.

Other options, such as a sales contract, are important in the transaction process but do not convey title. A sales contract outlines the terms under which the buyer agrees to purchase and the seller agrees to sell, but it does not complete the title transfer. Similarly, a trust agreement relates to property held in a trust rather than directly transferring title, while a purchase option provides a potential buyer the right to purchase at a future date but does not convey ownership until the option is exercised and the transfer is completed via a deed.