You are typically charged a conveyance tax on the transfer.
Investment dictionary. Academic. 2012.
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conveyance — con·vey·ance /kən vā əns/ n 1: an act of conveying a conveyance of land 2: an instrument (as a deed) that conveys property rights (as title) lack of delivery of a conveyance J. D. Calamari and J. M. Perillo Merriam Webster’s Dictionary of L … Law dictionary
Conveyance — Con*vey ance (k[o^]n*v[=a] ans), n. 1. The act of conveying, carrying, or transporting; carriage. [1913 Webster] The long journey was to be performed on horseback, the only sure mode of conveyance. Prescott. [1913 Webster] Following the river… … The Collaborative International Dictionary of English
conveyance — con‧vey‧ance [kənˈveɪəns] noun LAW 1. [countable] a document that officially states that land or property has passed from one person to another: • the drafting of a legal document such as a will or a conveyance 2. [countable, uncountable] when… … Financial and business terms
Conveyance — may refer to: Conveyance, the documentation of the transfer of ownership of land from one party to another see Conveyancing Public conveyance, a shared passenger transportation service A means of transport Water conveyance, a commuter passenger… … Wikipedia
conveyance — That act which transfers property from one person to another. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
conveyance — (n.) mid 15c., act of conveying, from CONVEY (Cf. convey) + ANCE (Cf. ance). Meaning document by which something is legally conveyed is from 1570s; sense means of transportation is attested from 1590s. Related: Conveyanced; conveyancing … Etymology dictionary
conveyance — [n] transport car, carriage, carrying, communication, machine, movement, transfer, transference, transmission, transportation, vehicle; concepts 143,501,503 Ant. hold, possession … New thesaurus
conveyance — ► NOUN 1) the action or process of conveying. 2) formal a means of transport; a vehicle. 3) the legal process of transferring property from one owner to another. DERIVATIVES conveyancer noun conveyancing noun … English terms dictionary
conveyance — [kən vā′əns] n. [ME conveiaunce] 1. the act of conveying 2. a means of conveying; carrying device, esp. a vehicle 3. a) the transfer of the ownership of real property from one person to another b) the document by which this is effected; deed … English World dictionary
conveyance — /kanveyans/ In its most common usage, transfer of title to land from one person, or class of persons, to another by deed. Term may also include assignment, lease, mortgage or encumbrance of land. Generally, every instrument in writing by which an … Black's law dictionary
conveyance — A means of transportation; in most common usage, a deed transferring the title to land from one person to another, both the term deed in the restricted sense and the term conveyance being an abbreviated form of the expression deed of conveyance.… … Ballentine's law dictionary