Conveyance

Granting Clause or words of conveyance.

In different kinds of Deeds there are certain wordings for different kinds of conveyance ( going from Bob to Sally.

Granting Clause

"Convey, release, remiss, and forever quit claim" Least amount of protection of all deeds to the buyer (grantee)

Granting Clause

"Conveys, grants and warrants" Provides the most protection to the buyer

Granting Clause

"Grant, bargain, and sell" Without warranty

Example of a Deed conveying ownership

Bob sells his house to Sally, they use a Warranty Deed that says that the property was owned by Bob and now Sally owns it. In order for this to be valid it must be in writing and signed.

the legal process of transferring property from one owner to another

Conveyance

Deed

This is the document that is used to transfer property from one party to another

A legal Deed

has to meet the "Statute of frauds" 1. It must identify the grantor ( Bob) and a grantee ( Sally) Bob and Sally must be of legal age and of sound mind. 2. It must have consideration to show something of value is being transferred _(the property) the consideration would be the amount of money that Sally is paying Bob for the property. 3. The Deed must contain a granting clause. 4. Deed must contain a clear legal description 5. Must have the signature of the grantor (Bob)