What is a deed primarily used for?

A deed is primarily used as a written document for conveying an interest in real property. In the context of real estate transactions, a deed serves as the legal instrument that transfers ownership from one party to another. It contains essential information such as the names of the grantor (the party transferring the property) and the grantee (the party receiving the property), a legal description of the property, and any relevant covenants or conditions.

This function of a deed is crucial in establishing legal ownership and rights associated with the property, making it a fundamental component of real estate law and transactions. In contrast, the other options focus on different aspects of property management and legal processes that do not pertain directly to the transfer of ownership. For example, leasing agreements pertain to rental arrangements, tax forms relate to financial obligations regarding property, and inspection approval documents deal with property assessments, none of which directly involve conveying ownership rights.