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What is Conveyance & Deemed Conveyance Deed? : A complete guide for Property Owners.

In property law, "conveyance" refers to the legal process of transferring ownership of real estate from one person or entity to another. This involves the preparation, execution, and delivery of documents such as deeds or titles that formalize the transfer of property rights. Conveyance ensures that the buyer receives clear title to the property, free from encumbrances or disputes, and is a fundamental part of real estate transactions. "Deemed conveyance" is a legal provision that applies when there is a failure by a property developer or builder to execute the conveyance in favor of a housing society or a group of flat owners within a stipulated time. In such cases, the legal process allows the housing society or apartment owners' association to apply for and obtain the conveyance directly from the authorities. Once granted, it is considered a "deemed" conveyance, meaning the transfer of property is legally presumed to have taken place, even without the developer's active involvement.