Q:

What are deed of conveyance forms?

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Quick Answer

A deed of conveyance form is a legal written document that transfers an asset, usually a piece of real estate, from one owner to another. The document conveys the rights of the seller to the rights of the owner to own the asset.

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Full Answer

When a buyer and a seller agree on a property transfer, a deed of conveyance is used to transfer the asset legally. The deed contains a legal description of the asset (in the case of real estate, the deed describes the boundaries of the property), all of the rights that come with the property, the amount of consideration (the purchase price), and all other terms and conditions. The deed is signed by the seller acknowledging transfer, and is usually witnessed by a clerk of the county the property is located in, or in some states a Notary Public signs the deed. The document is then filed at the office that records deeds.

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