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Conveyance

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Dictionary Says

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.
Investopedia Says

Investopedia explains 'Conveyance'

You are typically charged a conveyance tax on the transfer.

Related Definitions

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    Conveyance Tax

    A tax imposed on the transfer of real property at the state or municipal level. The conveyance tax is generally calculated as a percentage of the sale price. If the property is sold for ...
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  • Deed

    A legal document that grants the bearer a right or privilege, provided that he or she meets a number of conditions. In order to receive the privilege - usually ownership, the bearer must ...
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  • Title

    The right to the ownership and possession of any item that may be legally recognized as belonging to someone or something. In its most basic sense, title is the recognition of ...
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    • Quitclaim Deed

      A deed releasing a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of ownership. While a quitclaim deed neither ...
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    • Special Warranty Deed

      A special warranty deed is a deed in which the seller warrants or guarantees the title only against defects arising during the period of his or her tenure or ownership of the property. ...
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    • Running With The Land

      The rights and covenants in a real estate deed that remain with the land, regardless of ownership. When rights and covenants run with the land, they are tied to the property (land) and ...
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