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Definition of 'Conveyance'
A written instrument, such as a deed or lease, that transfers some ownership interest in real property from one person to another.
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Investopedia explains 'Conveyance'
You are typically charged a conveyance tax on the transfer.
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If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer.
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Owning property isn't always easy, but there are plenty of perks. Find out how to buy in.
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Search and compare the best fixed and adjustable mortgage rates in your area with Bankrate.com.
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