Colibri Real Estate 30-Hour Alabama Post License Practice Exam

The correct choice is a deed, as it is the legal document specifically designed to transfer ownership of real property from one party to another in Alabama. A deed contains important details, including the names of the parties involved, a legal description of the property, and the signatures of the parties. It serves as proof of the transfer, providing the new owner with legal title to the property.

In the context of real estate transactions, while lease agreements, mortgage notes, and affidavits may play significant roles, they do not constitute the formal transfer of ownership. A lease agreement typically outlines the rental terms between a landlord and tenant but does not convey ownership of the property. A mortgage note is a financial document that outlines the terms of a loan secured by real estate, and an affidavit is a sworn statement used in various legal processes but does not effectuate property transfer. Therefore, the deed is the essential document for conveying ownership in Alabama.