✍️🏠Conveyance
Conveyance refers to the act of legally transferring any property right or interest—most commonly **real property** (like land or a building)—from one party to another.
It is the broad term for the entire legal process of transferring **title** (ownership).
Key Components
- **The Act:** The transfer itself, whether by sale, gift, mortgage, or lease.
- **The Instrument:** The written legal document used to effect the transfer, such as a **Deed** (the most common type), a lease, or a trust agreement.
- **The Parties:**
- The party transferring the property is the **Grantor** (or Conveyor).
- The party receiving the property is the **Grantee** (or Conveyee).
Example
In a typical home sale, the conveyance process includes the drawing up, signing, and recording of the **Deed** to formally pass legal ownership from the seller (Grantor) to the buyer (Grantee).