Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
50% - Moderately


Synonyms:change of possession, handoff, transfer, transference
Filed Under: legal-contracts, real-estate
Tags: contract, legal, realty

Definition of conveyance

1. To move or transfer something.
2. A formal written document that transfers title to property.

Related Terms and Acronyms:

  • abstract of title (ab)   A written history of all the transactions that bear on the title to a specific piece of land. An abstract of title covers the time from when the property was first sold to the present.
      ➥  AB is a common abbreviation for Abstract of Title when used in property listings and real estate classifieds.
  • assignee   A person appointed to acquire (take) an item, such as a property.
  • assignor
  • bundle of rights   A set of legal rights that an owner has regarding a property.
  • lis pendens   A legal document giving notice that an action or proceeding is pending in the courts which affects the title to the designated property.
  • possession   Something that is owned.
  • title   Evidence of a person's right to possession ownership of a property.
  • transfer of title (TOT)   A document signed by the seller and purchaser transferring ownership, at which time the document is registered against the property.

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