Conveyance Deed in Real Estate: Meaning & When It’s Required

0
502

A conveyance deed is a legal document that transfers ownership of property from one party to another. It’s broader than a sale deed and includes transfers through sale, gift, lease, exchange, or relinquishment.

In housing societies or redevelopment, a conveyance deed is crucial for transferring land and building rights from the developer to the society. Without it, flat owners only have possession—not full legal ownership of common areas or land.

Sale Deed vs Conveyance Deed
A sale deed is a type of conveyance deed used specifically for property sales
A conveyance deed covers all types of ownership transfers, including society handovers and redevelopment cases
Sale deed = buyer gets individual flat ownership
Conveyance deed = society gets collective ownership of land + common areas

In redevelopment, the conveyance deed allows the society to legally appoint a new developer and initiate reconstruction.

Search
Categories
Read More
Loans
Commercial Property Loans: Eligibility and Benefits
Commercial property loans are designed to provide financing solutions for businesses and...
By PROP Loans 2025-04-27 06:03:12 0 965
PROPIINN
PROP GLANCE A Snapshot of Excellence
Propiinn is more than just a real estate platform; it’s your comprehensive solution for all...
By PROPIINN 2025-04-28 06:21:41 0 839
NexMates
“From relaxation to recovery – book expert massage therapies with NexMates, right at home.”
Ease pain, boost relaxation, and revive your body with NexMates’ range of expert massage...
By NexMates 2025-06-13 05:05:47 0 289
PropMates
Being Genuine Isn’t Enough Anymore — You Need to Be Verified
You’re honest.You never fake numbers.You put client needs above commissions. But in...
By PropMates 2025-07-05 12:37:50 0 2K
NexMates
“Service App for Places Where Apps Don’t Work”
Some places have no signal.Some homes have no smartphones.But even there, NexMates services reach...
By NexMates 2025-06-28 11:21:13 0 178
PROPIINN | IINNSIDE https://agent.propiinn.com