A deed of conveyance is a legal document used to transfer the title, ownership, rights, and interests in a property from one person to another. It is a written instrument that conveys legal and equitable title to real property, meaning the highest level of ownership. A deed of conveyance is a broader term that includes several types of ways in which people can transfer the legal title or ownership of a property to another person. For instance, conveyance deeds can transfer title through a gift from one person to another or through an exchange of properties.

A deed of conveyance is an important legal document in the home buying process because it officially marks the transfer of the home you are buying from the sellers to you. It provides written, legal evidence that the title of your home has been transferred from your home’s former owners to you. The deed of conveyance also contains key information about your home, such as its property lines, and the basic information about you and the sellers.

All parties involved in the transfer, including the current owner of the property and the “new” owner, must sign the deed of conveyance for it to be valid. Upon signing a conveyance deed, the original owner transfers all legal rights, ownership, and authority over the property to the buyer. The seller signs away his or her rights to legally own, keep, or use a particular property.

In summary, a deed of conveyance is a legal document that transfers the title, ownership, rights, and interests in a property from one person to another. It is an important legal document in the home buying process because it officially marks the transfer of the home from the sellers to the buyer.