conveyance
30 May 2011The term Conveyance refers to the transfer of ownership of land or property from one party to another. In plain english, a conveyance is usually more commonly referred to as a sale or purchase transaction.
Although there is much more involved in a conveyancing transaction, the main principle
in order to action the conveyance, a transfer document is required, which will transfer the proeprty or land from one person to another.
The conveyance takes place formally once completion monies change hand from the buyer to the seller. Then a transfer document, already signed, is then used to register the change in ownership with the land registry.
