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A deed is normally used to convey real property. Every state has a public record system that in theory should track every transfer of ownership of a property. Obtaining a loan for a commercial property will usually require some kind of guarantee incase you cant make payments, which usually comes in the form of a mortgage or deed of trust against the property. This allows the lender to foreclose if you fail to meet your end of the agreement. Also, a business must often maintain a certain net equity when applying for a commercial loan.