Conveyance definition

Conveyance shall have the meaning specified in Subsection 2.01(a).
Conveyance means the transfer or transfers of any interest in
Conveyance means the transfer or transfers of any interest in real property by any method, including but not limited to sale, exchange, assignment, surrender, mortgage foreclosure, transfer in lieu of foreclosure, option, trust indenture, taking by eminent domain, conveyance upon liquidation or by a receiver, or transfer or acquisition of a controlling interestin any entity with an interest in real property. Transfer of an interest in real property includes the creation of a leasehold or sublease only where (a) the sum of the term of the lease or sublease and any options for renewal exceeds 49 years,(b) substantial capital improvements are or may be made by or for the benefit of the lessee or sublessee, and (c) the lease or sublease is for substantially all of the premises constituting the real property. The conveyance of real property shallnot include a conveyance pursuant to devise, bequest, or inheritance; the creation, modification, extension, spreading, severance, consolidation, assignment, transfer, releaseor satisfaction of a mortgage; a mortgage subordination agreement, a mortgage severance agreement, an instrument given to perfect or correct a recorded mortgage; or a release of lien of tax pursuant to the Tax Law or the IRC.

Examples of Conveyance in a sentence

  • The Promoter on receipt of the complete amount of the Price of the Unit under the Agreement from the ALLOTTEE, shall execute a Deed of Conveyance and convey the title of the Unit together with proportionate indivisible share in the Common Areas with 3 months from the date of issuance of the occupancy certificate.

  • Section 3.1 shall not abrogate or otherwise effect the obligations, terms, and conditions that survive beyond the Contract End Date, including but not limited to the following sections of this Contract: Section 4.4 (Accounting Records), Section 4.5 (Documentation), and Section 4.6 (Conveyance of Project Property).

  • Conveyance of the property shall be made to the Buyers and/or the Buyers’ assigns, by general warranty deed, in fee simple absolute, except it shall be subject to recorded instruments and easements, if any, which do not materially affect the value of the Property.

  • During this time the Purchaser/Allottee will not be entitled to use the apartment, till completion certificate is received and deed of Conveyance is executed.

  • Section 3.1. Status of the Property 6 Section 3.2. Purchase Price 6 Section 3.3. Conditions of Conveyance 6 Section 3.4. Place of Document Execution, Delivery and Recording 7 Section 3.5. Title 8 Section 3.6. Soil, Environmental Conditions; As Is Conveyance 8 Section 3.7. Business Subsidy 9 Section 3.8. Costs 9 Section 3.9. Authority’s Closing Documents 10 Section 3.10.


More Definitions of Conveyance

Conveyance is defined in the introductory paragraph to this Conveyance.
Conveyance means sale, transfer, assignment, or other disposition.
Conveyance means, as the context may require, the Initial Conveyance or a Subsequent Conveyance.
Conveyance means an aircraft, ship, train, road vehicle or other means of transport on an international voyage;
Conveyance means an instrument filed with a recorder as evidence of the transfer of title to land, including any form of deed or contract.
Conveyance means any means of transport used for carrying goods or passengers such as a vessel, aircraft, vehicle or animal;
Conveyance means the date of the transfer of an assessable transfer of interest in real property. Failure to record legal instruments evidencing a transfer of interest gives rise to no inference as to whether or not an assessable transfer of interest has occurred.