conveyance


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Conveyance

A written document transferring property from one owner to the next. Most often, conveyance is applied to real estate; that is, when one sells his/her house, he/she conveys the deed to the next owner. Conveyance may also apply, however, to the transfer of bulk commodities. Depending on local law and practice, all parties involved in a conveyance (or their attorneys) must be present and literally trade documents to effect the change in ownership.

conveyance

a document which transfers the legal ownership of land and buildings from one person/business to another person/ business.

conveyance

a document that transfers the legal ownership of land and buildings from one person/business to another person/ business. See MORTGAGE.
References in periodicals archive ?
Even if fraudulent conveyances and similar problems make planning impossible, other considerations remain.
Wieboldt filed a complaint seeking to avoid the transfer of assets made in the LBO and to recover damages against 119 defendants alleging, among other things, that its leveraged buyout by the specially formed acquisition corporation in 1985 constituted a fraudulent conveyance.
Should that fail, he recommends that injured parties consider litigation based on fraudulent conveyance.
Taking into account the above-specified conveyances, the company now holds a total 111.
President Duterte has signed an executive order that prohibits smoking within enclosed public places and public conveyances nationwide, except in designated smoking areas.
The officials of Mardan Prison, who had requested not to be named, said that they had also protested on last January 4, against the said action of superintendent concerned to cut conveyance allowance and rent from them in front of his office located on the jail's premises but to no avail.
1150 per month on the account of conveyance allowance in addition to the monthly salaries while the employees serving in BS-11 to 15 would receive Rs.
The unique feature of this project is that the automatically controlled gates will be coupled with optimal water delivery at the farm turnouts in order to maximize on-farm efficiencies and reduce conveyance losses.
Further, transfer of assets to an express, written trust controlled by the wife rather than to the wife outright makes it less likely a court would nullify the conveyance if challenged by a creditor (again, assuming no fraudulent conveyance).
installed a new, 55-foot free-fall test tower at its conveyance repair shop to replace an existing smaller test tower at another location.
Fraudulent conveyance is a legal term signifying that a debtor, in this case Revco, took an additional debut while getting less than its worth, our nothing, in return.
The mLOCK is a patent-pending electronic conveyance lock that integrates security, tracking, and communications into one device.