Conveyance Definition / Meaning UKWritten by homebuy1
What does Conveyance mean?
Conveyance - Definition
The process of moving the legal ownership of property or land from one person to another
In the Conveyance process we hear many property related words :-
These are the related words when it comes to the word Conveyance.
Chain, completion, Compulsory purchase order, endowment mortgage, endowment policy, equity, estate agency, exchange, First time buyer, freehold, freeholder, gazump, gazunder, ground rent, homebuyer, home loan, homeowner, house buyer, householder, land tenure, landholding, landowner, leasehold, leaseholder, let, letting, market, market price, mortgage, mortgagee, negative equity, offer, open house, owner-occupied, property developer, rate-able value, real estate, remortgage, repayment, repo, repossess, repossession, sell, show home, tenure, title, title deed, vacant possession.
When we sell a property or buy a property we use one of the following :-
They all Conveyance and move the legal ownership from one person to another.
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