The term 'Papers Signifying Ownership' can be summarized as 'DEEDS', which is a five-letter word. A deed is a legal document that is used to transfer ownership of property from one person to another. It is typically signed by both parties and witnessed by a third party. The deed also includes a description of the property, the names of the parties involved, and any other relevant information. The deed is then recorded in the public records, making it a permanent record of the transaction.