Mortgage Glossary
Conveyance
Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Conveyance is the legal transfer of property ownership from seller to buyer, typically completed by delivering a signed and recorded deed.
What Conveyance means
The deed is the conveyance instrument, and recording it in the county makes the transfer public. Conveyance also covers documentary stamp taxes Florida charges on the transfer.
Florida example
At a Sarasota closing, conveyance occurred when the seller's warranty deed was signed, delivered, and recorded, transferring title to the buyer.
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