Given below are the types of conveyance deeds. It helps both parties avoid paying unnecessary fees for these services.Ĭonveyance deeds are generally used when a person wants to sell their home/property and have it transferred directly from them into another person's name. This deed aims to ensure that the property goes directly from the seller (grantor) to the buyer (grantee) without any intermediaries like mortgage companies and trustees involved in this process. It facilitates transfers in real estate, vehicles, or other assets with exclusive rights or limited licenses. What Does Conveyance Deed Refer To?Ī conveyance deed is a document that transfers ownership of an asset from one party to another.

Read on to learn more about its types, meaning, purpose, and more. A conveyance deed's primary purpose is to avoid confusion regarding who owns the property being sold.Ī conveyance deed can also transfer rights associated with land or other property, such as easements if listed in the deed's body.

Conveyance deeds are legally required documents when selling your home in India. It is also known as a real estate conveyance instrument to act as the legal evidence of the transfer of title from one person to another at an agreed price.Ī conveyance deed is usually used to transfer commercial property but can also be used to transfer personal property. Whether you're an attorney, realtor, or someone planning to buy or sell real estate, you may have come across the term 'conveyance.' A conveyance deed is a real estate deed that essentially proves that there is no outstanding debt against a piece of property.

Types of conveyance