LAND CONVEYANCING

Conveyance is the act of transferring an ownership interest in a property from one party to another. Conveyance also refers to the written instrument, such as a deed or lease that transfers legal title of a property from the seller to the buyer. The term is most closely associated with real estate, where a conveyance refers to the written contract between the seller and the buyer stating the agreed-upon purchase price and date of actual transfer, as well as the obligations and responsibilities of both parties. Conveyance of ownership of real estate is also referred to as conveyancing, and the legal representative overseeing the process can be referred to as a conveyancer.