GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
^
50% - Moderately

Conveyance


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

Definition of conveyance

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.

Search the Glossary

Mortgage Rates Chart
Your money goes a lot further when you pay your home off with low interest rate. Make sure your mortgage isn't weighing you down with high rates and ridiculous payments. View our mortgage rates chart to find the best interest rates in Canada.
Mortgage Rates Chart
 
Mortgage Rates
Unlike the banks, you don't ever have to haggle with us over our rates. We will show you our best rates, right from the start. No fuss, no muss. Why don't you check out our mortgage rates right now?
Mortgage Rates
 
Mortgage Calculator
You may be closer than you think to buying your dream home. Want to find out how close? Our calculator will help you find out how much you can afford. Try the new mortgage calculator.
New Mortgage Calc