Also called: Conveyance, Deemed conveyance (Maharashtra)
Any deed that transfers ownership of property from one person to another. In housing societies, it also means the transfer of the land and building from the builder to the society.
How it works and what to check
A sale deed is the most common conveyance deed, so the two words are often used interchangeably for a flat purchase.
In Maharashtra, a builder is required to convey the land and building to the co-operative society. If the builder does not, the society can apply for deemed conveyance through the competent authority. Until conveyance, the society does not own the land, which matters for redevelopment.
Common questions
Is a conveyance deed the same as a sale deed?
A sale deed is a type of conveyance deed. In everyday use the terms often mean the same document.
What is deemed conveyance?
In Maharashtra, an order transferring the land and building to the society when the builder fails to execute the conveyance.