What term describes the legal process of transferring property ownership?

The term that describes the legal process of transferring property ownership is "conveyance." Conveyance is a comprehensive term that refers to the act of transferring a property title from one individual or entity to another. This process involves the preparation and signing of legal documents, typically including a deed, and is often accompanied by the fulfillment of certain legal requirements or conditions.

Conveyance is essential in real estate transactions as it ensures that the transfer of ownership is documented and recognized by law. When a property is conveyed, the seller (grantor) officially transfers their rights and interests in the property to the buyer (grantee), making it evident that the buyer is now the new owner.

Other terms mentioned—assignment, title transfer, and decedent distribution—do relate to aspects of property rights or ownership but do not specifically encompass the complete process of transferring ownership rights as "conveyance" does. For instance, an assignment typically refers to transferring rights under a lease or contract rather than transferring ownership of real property. Title transfer is an informal term that may describe parts of the process but is not the established legal terminology used in real estate law. Decedent distribution relates to how a deceased person's estate is managed and distributed, which happens after their passing, rather than