Definition of the word sign over

The term "sign over" refers to the act of transferring ownership of a property or asset from one person to another. The phrase originates from the legal concept of signing a document, known as a deed, which effectively transfers ownership. In traditional legal terms, "sign over" refers to the process of executing the legal document through which the current owner relinquishes their rights and interests in the property to the buyer. This act is commonly referred to as "signing over" the property or asset. The origins of the term "sign over" can be traced back to medieval England, where land was transferred through the act of signing a charter or a writ, which was essentially a formal document representing ownership. The modern-day deed, which is still used in property transactions today, evolved from these early legal documents. In simpler terms, the term "sign over" is used to indicate that the current owner is formally relinquishing all ownership rights to the property and legally transferring those rights to the new owner. The process involves completing the necessary legal paperwork and documentation, which is typically managed by a real estate agent or a legal professional, such as a solicitor or a conveyancer.