Understanding Conveyance: Key Principles of Property transfer

Conveyance takes affect upon ______.

delivery

Conveyance takes effect upon the delivery of the conveyed property or interest in the property to the grantee or the grantee’s agent. Delivery can be actual or symbolic, depending on the type of property being conveyed. For example, delivery of a deed for real property may involve physically handing over the document to the grantee, while delivery of stock certificates may involve transfer of ownership through a stock transfer agent or broker. It is important to note that delivery must be accompanied by the intent to transfer ownership or interest in the property for the conveyance to be complete.

More Answers:

Understanding the Difference Between Damage and Damages for Legal Proceedings
Streamlining healthcare workflow: The benefits of CPOE (Computerized Physician Order Entry)
Understanding and Navigating Corporate Income Tax: A Comprehensive Guide

Error 403 The request cannot be completed because you have exceeded your quota. : quotaExceeded

Share:

Recent Posts

Mathematics in Cancer Treatment

How Mathematics is Transforming Cancer Treatment Mathematics plays an increasingly vital role in the fight against cancer mesothelioma. From optimizing drug delivery systems to personalizing

Read More »