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Real Estate vocabulary · Contracts, Deeds & Title

Conveyancing

Meaning in real estate, with examples

/kənˈveɪənsɪŋ/nounAdvanced term

In real estate, conveyancing means: The legal work involved in transferring ownership of a property from seller to buyer, from checking the title to registering the new owner.

In Turkish: mülkiyet devir işlemleri, tapu devir süreci

How it is used

British English. A solicitor or licensed conveyancer does the conveyancing: searches, contracts, exchange and completion. Buyers ask for conveyancing quotes and often complain when the process is slow.

Example sentences

  1. Conveyancing can take two or three months if there is a long chain.

  2. We got three conveyancing quotes before choosing a solicitor.

Common collocations

  • conveyancing solicitor
  • conveyancing fees
  • conveyancing process
  • online conveyancing
  • closingThe final stage of a property sale, when the remaining money is paid, the documents are signed and ownership passes from the seller to the buyer.
  • land registryThe government office or database that records who owns land and buildings, together with any mortgages or rights attached to them.
  • titleThe legal right to own a property, together with the records that show who the owner is and whether anyone else has a claim on it.
  • stamp dutyA tax paid in England and Northern Ireland by people who buy property or land above a certain price. Its full name is Stamp Duty Land Tax (SDLT).
  • freeholdFull ownership of a property and the land it stands on, with no time limit. The owner is called the freeholder.

More terms: Contracts, Deeds & Title

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