MAKAOPLUS PROPERTIES LIMITED
Conveyance is the transfer of ownership (title) of land from a seller to a buyer through a document called a deed because it cannot be transferred otherwise (by a mere contract or sale).
It is voluntary transfer of a right from one living person to another. It entails property transactions management and advisory services/professionalism.
A deed is a legal document (instrument) by which an asset owner (the grantor) transfer his or her right of ownership (title) in an asset to another party (the grantee). To be enforceable, a deed must:
· State on the face that is a deed.
· Accurately describe the property which is the subject matter of the deed.
· Be validly signed (executed) in presence of the prescribed number of witnesses.
· Be handed over (delivered) to the grantee as a deed.
Deeds may contain limitations/promises (covenants) which are enforceable even if unwarranted or not supported by a consideration.