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Property Conveyance


Property conveyance is the legal transfer of real estate ownership from one party to another. It involves completing legal documents, conducting a title examination, closing the transaction, and recording the transfer with the appropriate government office.

Property conveyance refers to the process of transferring ownership of real estate from one party to another. Here's a concise explanation:

  1. Transfer of Ownership: Property conveyance involves the legal transfer of ownership rights from a seller (grantor) to a buyer (grantee).

  2. Documentation: The transfer typically requires the completion of legal documents, such as a deed or a bill of sale, which outline the terms and conditions of the transfer.

  3. Title Examination: Before conveyance, a title examination is often conducted to ensure that the property has a clear title and there are no encumbrances or legal issues that could affect the transfer.

  4. Closing Process: The conveyance process culminates in a closing meeting where the parties sign the necessary documents, exchange funds, and complete the transfer of ownership.

  5. Recording: After the closing, the deed or other conveyance documents are recorded with the appropriate government office, such as the county clerk's office, to officially document the transfer of ownership.

Property conveyance is a crucial step in real estate transactions, ensuring that ownership rights are legally transferred and recorded.

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