{"ok":true,"canonical_url":"https://dealroom.so/glossary/deed","api_url":"https://dealroom.so/api/public/glossary/deed","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"deed","term":"Deed","group":"People and paperwork","definition":"A legal document that transfers ownership of real estate from one party to another. If you're buying a business with real estate, you'll receive a deed at closing.","what_it_means":"When the business acquisition includes real estate, the deed is the instrument that officially transfers title from the seller to your new entity. Your lender will require a first lien position on this property, which will be recorded along with the deed. Ensure the deed accurately reflects the property being acquired and is properly recorded.","url":"https://dealroom.so/glossary/deed","official_sources":[],"related":[{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"first-lien","term":"First lien","url":"https://dealroom.so/glossary/first-lien"},{"slug":"mortgage","term":"Mortgage","url":"https://dealroom.so/glossary/mortgage"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"}],"related_questions":[]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Deed","url":"https://dealroom.so/glossary/deed","source_type":"DealRoom Data"}}