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

0
514

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
NexMates
"Snip-snap, smile back – NexMates makes kids' haircuts easy!"
Hair Cut for Kids – Quick, Neat & Hassle-FreeSay goodbye to salon struggles! NexMates...
By NexMates 2025-06-16 07:14:56 0 285
NexMates
“Chocolate & Vanilla Manicure – Sweet Glow with NexMates”
Deliciously Pampering, Deeply Nourishing!Treat your hands to the rich, soothing experience of...
By NexMates 2025-06-14 11:18:21 0 354
PropMates
The Secret Behind Successful Closures: Is Prop Mate
Unlocking the Path to Closing Deals In the world of real estate, closing a deal is more than...
By PropMates 2025-04-28 10:53:30 0 979
NexMates
No More Leaks or Drips – Plumbing Services by NexMates
Leaky taps, clogged drains, or burst pipes? NexMates sends expert plumbers to your doorstep for...
By NexMates 2025-06-12 05:17:57 0 337
NexMates
Spin Back to Smooth Laundry – Washing Machine Repair by NexMates
Washing machine not draining, spinning, or starting? Don’t worry—NexMates has you...
By NexMates 2025-06-11 09:07:37 0 374
PROPIINN | IINNSIDE https://agent.propiinn.com