Glossary · People and paperwork
Deed
In short
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 in a deal
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.
Related terms
Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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