What Does Conveyancing Mean?


Quick Answer

Conveyancing is a legal term that refers to the transfer of property from one party to another. It is typically used in the context of buying, mortgaging or structural inspection of a property. It also finds similar usage in legal matters relating to land and property ownership, such as land tax and stamp duty in the United Kingdom.

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Full Answer

The act of conveyancing refers to the legal transfer, or conveyance, of property ownership between parties through a legal document, such as a deed or mortgage. The specific legal process for conveyance varies from country to country and depends on the nature of the property transfer. In many countries, conveyancing is facilitated by a land registration system. This ensures buyers and sellers of property make the transfer of property publicly known, and it guarantees a title to registered interests in land. In the United Kingdom, this is done through the Land Registry.

Another use of the term conveyance is as a noun in the context of real estate transactions to refer to the written contract between a buyer and seller. Such a contract ensures that both parties are aware of their responsibilities and obligations regarding the transaction and ensuring the buyer can acquire a clean title to the property.

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