What is dedicated by deed in real property?

When discussing what is dedicated by deed in real property, the correct answer involves granting property to the municipality for public use. This practice is known as "dedication," where a property owner voluntarily transfers land or property rights to a government entity for public purposes such as parks, streets, or other community facilities.

This act serves a significant function within the realm of real estate, as it allows private landowners to contribute to the public good, enhancing local infrastructure and services. The deed serves as a formal legal document that outlines the terms of the dedication, ensuring a clear understanding and legal recognition of the property's new purpose.

In contrast, transferring property to a private entity or terminating ownership does not align with the concept of dedication for public use. Furthermore, selling private property is unrelated to the idea of dedicating land for public benefit, as it typically involves transactions between private parties without the intention of serving the community at large.