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Simple English definitions for legal terms
conveyance
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A quick definition of conveyance:
A conveyance is when someone gives something they own to someone else. This is usually done by writing a special paper called a deed that says the new person now owns the thing. It can be anything like a house, a car, or even a toy. Some people say the paper itself is the conveyance.
A more thorough explanation:
Definition: A conveyance is when someone transfers their property rights or interests to someone else. This is usually done through a written document, like a deed, that gives ownership or a claim on the property.
For example, if someone sells their house to another person, they would use a conveyance to transfer the ownership of the property. The written document would show that the new owner now has the legal right to the property.
Another example would be if someone took out a mortgage on their house. The mortgage company would use a conveyance to create a lien on the property, which means they have a claim on the property until the mortgage is paid off.
These examples show how a conveyance is used to transfer property rights or interests from one person to another. It's an important legal process that helps ensure that property ownership is clear and legally binding.