conveyance, conveyance of title, conveyancing, conveying(noun)
act of transferring property title from one person to another
The drawing of deeds etc. concerning transfer of property, and the legal execution of such transfers.
Origin: From conveyance.
the business of a conveyancer; the act or business of drawing deeds, leases, or other writings, for transferring the title to property from one person to another
In law, conveyancing is the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. The term conveyancing may also be used in the context of the movement of bulk commodities or other products such as water, sewerage, electricity, or gas. A typical conveyancing transaction contains two major landmarks: the exchange of contracts and completion. Conveyancing occurs in three stages: before contract, before completion and after completion. A buyer of real property must ensure that he or she obtains a good and marketable 'title' to the land; i.e., that the seller is the owner, has the right to sell the property, and there is no factor which would impede a mortgage or re-sale. A system of conveyancing is usually designed to ensure that the buyer secures title to the land together with all the rights that run with the land, and is notified of any restrictions in advance of purchase. In most mature jurisdictions, conveyancing is facilitated by a system of land registration which is designed to encourage reliance on public records and assure purchasers of land that they are taking good title. The systems of public record often have a French background.
The numerical value of conveyancing in Chaldean Numerology is: 9
The numerical value of conveyancing in Pythagorean Numerology is: 6
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Translations for conveyancing
From our Multilingual Translation Dictionary
- cession des droits immobiliersFrench
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"conveyancing." Definitions.net. STANDS4 LLC, 2017. Web. 23 May 2017. <http://www.definitions.net/definition/conveyancing>.