What is the term for the legal process of transferring property ownership?

Prepare for the Maryland Land Title Examination. Utilize flashcards and multiple-choice questions, each accompanied by hints and explanations. Ensure your success on test day!

The correct term for the legal process of transferring property ownership is "conveyancing." This term encompasses all activities involved in the transfer of legal title of property from one person or entity to another. It includes the preparation of necessary documents, the completion of legal forms, and complying with applicable laws and regulations. During conveyancing, various steps such as the drafting of the deed, title searches, and ensuring that any liens or claims on the property are addressed are completed.

Understanding the term "conveyancing" is essential for anyone involved in real estate transactions, as it lays the foundation for ensuring that the transfer is valid and legally binding. This term is widely used in the field of real estate law and is fundamental to the process of property ownership transfer. Other terms like "title examination" or "property assessment" refer to specific aspects or evaluations within real estate transactions but do not denote the overall process of transferring ownership.

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