I recently found a flaming head deed and decided to place it in my house (like most deeded items, it must be placed by the owner of the house they're attempting to place it in, no problems there). What I found:
Flaming head deed places from the deed like normal.
No traditional methods of reclaiming the deed worked, including:
equipped axe double-click and targeting
double-clicking the placed item
releasing the item attempting to drag the item
no single left-click menu option
There is a way to get the deed back if you're in a customizable house plot. Going into build mode sends the item back in deeded form to the relocation crate.
I recently found a flaming head deed and decided to place it in my house (like most deeded items, it must be placed by the owner of the house they're attempting to place it in, no problems there). What I found: