Title Deed

The Title Deeds are found in Majora's Mask, and are required to complete the Majora's Mask Trading Sequence. To obtain the first Title Deed (the Town Title Deed), Link must give the Moon's Tear to the Clock Town Business Scrub. There are a total of four Title Deeds, each obtained by trading previous Title Deeds with the other Business Scrubs. As is the case with many items, Title Deeds are lost upon playing the Song of Time to return to Day 1.

Town Title Deed
The Town Title Deed is an item in Majora's Mask used in a long series of trades. In the beginning of the game, you must trade the Deku in South Clock Town a Moon's Tear for his Town Land Deed. This in turn allows you to fly to the Clock Tower to be able to proceed in the game.

Swamp Title Deed
The Swamp Title Deed is a land deed for a Golden Deku Flower in the Swamplands of Majora's Mask.

It is received after giving the Land Title Deed to the Deku Scrub outside the Swamp Photo Tour Kiosk.

Mountain Title Deed
The Mountain Title Deed is an item from Majora's Mask used in a trading sequence. Give the Swamp Title Deed to the Deku Scrub in Goron Shrine to get the Mountain Title Deed. Completing this part of the trading sequence allows you to get a piece of heart from Snowhead Mountains.

Ocean Title Deed
The Ocean Title Deed is an item from the trading sequence in Majora's Mask. Give the Mountain Title Deed to the Deku Scrub in Zora Hall to get the Ocean Title Deed. Doing this part of the trading sequence gets you a Piece of Heart. Trade it for the Ocean Title Deed. Give it to the Deku Scrub in Ikana Canyon to get another Piece of Heart and a nice cash prize.

Trivia

 * Any of these Title Deeds can be given to ??? to meet his paper demand in the toilet of the Stockpot Inn.