At what point does title pass from seller to buyer?

The transfer of title from seller to buyer occurs when the buyer accepts the signed deed. This act signifies the seller's intention to convey ownership of the property to the buyer. The deed is a legal document that provides evidence of the transfer of property rights, and once the buyer receives the executed deed, they become the legal owner of the property.

While the payment of the purchase price is an important element of the transaction, it does not solely determine the transfer of title. The acceptance of keys does indicate possession, but it is not the legal mechanism by which ownership changes hands. Recording the new deed is a crucial step for public notice and establishing priority against claims filed after the recording, but title has already passed once the buyer accepts the deed.

Therefore, the acceptance of the signed deed is the definitive moment when title officially passes.