How is the title to a condominium unit transferred?

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The title to a condominium unit is transferred by a Unit Deed. A Unit Deed is the legal document that outlines the transfer of ownership of an individual condominium unit to a new owner. It provides a record of the transaction and includes essential details, such as the property description, the names of the buyer and seller, and the terms of the transfer.

This method is distinct from other options, which do not pertain to the transfer of ownership for a condominium unit. A Bill of Sale is typically used for the transfer of personal property rather than real estate. A Transfer Tax Form is related to the taxation aspect of property transfers but does not convey ownership itself. Lastly, a Lease Agreement establishes a rental arrangement rather than transferring title, as it typically allows one party to use the property in exchange for rent without transferring ownership. Thus, a Unit Deed is the appropriate legal instrument for transferring ownership of a condominium unit.

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