Which document typically accompanies the payment at closing to indicate title transfer?

The Title Deed is the document that typically accompanies the payment at closing to indicate the transfer of ownership of the property from the seller to the buyer. The Title Deed serves as a legal record that outlines the details of the transfer, including the names of the parties involved, the property's legal description, and any relevant conditions or restrictions. By signing the Title Deed at closing, the seller formally conveys their ownership rights to the buyer, making it a crucial element in the real estate transaction process.

Other documents may play important roles during the closing process, such as the Closing Statement, which summarizes the financial transactions, or the Property Transfer Form, which may vary by jurisdiction in outlining the specifics of the transfer. However, these documents do not represent the actual transfer of ownership like the Title Deed does, which is why it is the correct answer in this context. The Insurance Policy, while important for protecting the new owner's investment, does not inform about the title change itself.