Sale Deed vs. Conveyance Deed: What's the Difference?
Edited by Sawaira Riaz || By Sumera Saeed || Updated on October 16, 2023
A sale deed specifically pertains to the sale/purchase of property, while a conveyance deed refers to the transfer of any legal title, rights, or interests in property.
Key Differences
A sale deed is a legal document that proves the sale and transfer of ownership of property from the seller to the buyer. It details the terms and conditions of the sale transaction. Conversely, a conveyance deed is a broader term that includes all types of property transfers, including those achieved through sale, gift, or exchange.
Sumera Saeed
Oct 16, 2023
The sale deed is executed at the time of property sale, documenting the transfer of ownership in exchange for a price paid or considered. However, the conveyance deed can refer to any written document that transfers property rights, not necessarily against monetary consideration.
Sumera Saeed
Oct 16, 2023
Sale deeds require specific legal formalities: it must be signed, attested, and registered. In comparison, a conveyance deed also needs to comply with similar formalities but applies to various property transfer forms, including gift, lease, mortgage, or exchange.
Sumera Saeed
Oct 16, 2023
The sale deed is typically executed after an agreement to sell, confirming the terms and finalizing the transaction. In contrast, a conveyance deed might not follow any prior agreement, especially in non-sale transfers like gifts or inheritances.
Sumera Saeed
Oct 16, 2023
A sale deed is mandatory for the sale of immovable property and must be registered under the Registration Act. However, a conveyance deed is a more encompassing term, often used interchangeably with "transfer deed," reflecting any legal means to transfer property, not limited to sales.
Sara Rehman
Oct 16, 2023
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Comparison Chart
Definition
Specific to property sale/purchase.
Applies to all forms of property transfer.
Sumera Saeed
Oct 16, 2023
Monetary Exchange
Involves monetary transaction.
May or may not involve money.
Sumera Saeed
Oct 16, 2023
Scope
Narrower, pertaining only to sales.
Broader, includes sales, gifts, exchanges, etc.
Sumera Saeed
Oct 16, 2023
Formalities
Must be signed, attested, and registered.
Similar requirements, but broader applicability.
Sumera Saeed
Oct 16, 2023
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Sale Deed and Conveyance Deed Definitions
Sale Deed
A sale deed is a legal document evidencing the sale and transfer of property ownership.
The buyer secured the property after the completion of the sale deed.
Sawaira Riaz
Oct 16, 2023
Conveyance Deed
A conveyance deed can reflect various property transfers, including by sale, gift, lease, or inheritance.
In his will, he included a conveyance deed, leaving his estate to his children.
Sumera Saeed
Oct 16, 2023
Sale Deed
A sale deed outlines the terms and conditions agreed upon by the buyer and seller during a property transaction.
The sale deed explicitly detailed the payment schedule and property boundaries.
Sumera Saeed
Oct 16, 2023
Conveyance Deed
It's a broad term for any written document used to transfer a property's legal title, interest, or rights.
The attorney prepared a conveyance deed to facilitate the property's exchange.
Sumera Saeed
Oct 16, 2023
Sale Deed
This deed is a registered document signifying the buyer's legal ownership following a property purchase.
After registering the sale deed, they proudly became the new homeowners.
Aimie Carlson
Oct 16, 2023
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Conveyance Deed
A conveyance deed is a legal instrument that conveys the transfer of property rights from one party to another.
Through a conveyance deed, the grandmother legally gifted her house to her granddaughter.
Sawaira Riaz
Oct 16, 2023
Sale Deed
It's a documented contract wherein the seller transfers property rights to the buyer for a specified payment.
They finalized their new home purchase with a binding sale deed.
Sumera Saeed
Oct 16, 2023
Conveyance Deed
Conveyance deeds must be registered and comply with legal formalities to effectuate the property transfer.
After notarizing and registering the conveyance deed, the land officially changed hands.
Harlon Moss
Oct 16, 2023
Sale Deed
A sale deed is executed subsequent to an 'agreement to sell' and finalizes the property sale process.
Post their initial agreement, the parties culminated the transaction with a sale deed.
Sara Rehman
Oct 16, 2023
Conveyance Deed
This deed legally ensures the recipient gains all rights, interests, and titles to the property without limitations.
The conveyance deed provided the new owner with full rights to the commercial property.
Harlon Moss
Oct 16, 2023
FAQs
Are sale deed and conveyance deed interchangeable?
No, a sale deed is specific to sales transactions, whereas a conveyance deed is broader, covering all forms of property transfers.
Sumera Saeed
Oct 16, 2023
What information does a conveyance deed contain?
A conveyance deed details the property, parties involved, transfer type (e.g., gift, lease), and any monetary consideration if applicable.
Sumera Saeed
Oct 16, 2023
What is a sale deed?
A sale deed is a legal document executed during the sale of a property, transferring ownership from the seller to the buyer.
Sumera Saeed
Oct 16, 2023
Is registration mandatory for a conveyance deed?
Yes, like sale deeds, conveyance deeds must also be registered to be legally enforceable.
Sumera Saeed
Oct 16, 2023
What happens if a sale deed is lost?
If a sale deed is lost, parties should obtain a certified copy from the registrar's office where the deed was recorded.
Aimie Carlson
Oct 16, 2023
What constitutes a conveyance deed?
A conveyance deed is any legal document that transfers property rights, encompassing methods like sale, gift, or exchange.
Sawaira Riaz
Oct 16, 2023
Who prepares the sale deed?
A sale deed is typically prepared by a legal expert or attorney to ensure it meets all legal requirements.
Sumera Saeed
Oct 16, 2023
Do both parties need to be present during the sale deed registration?
Yes, both buyer and seller should be present, or their legally authorized representatives must attend the registration.
Aimie Carlson
Oct 16, 2023
Who must be present during the registration of a conveyance deed?
Similar to a sale deed, all parties involved in the transfer should be present or send authorized representatives.
Harlon Moss
Oct 16, 2023
Can a sale deed be revoked?
Once executed and registered, a sale deed is permanent unless a court identifies fraud or legal discrepancies.
Harlon Moss
Oct 16, 2023
Is a conveyance deed revocable?
Generally, conveyance deeds are irrevocable unless there are legal grounds such as fraud or mutual agreement for revocation.
Sumera Saeed
Oct 16, 2023
What should one do if a conveyance deed is misplaced?
In case of a lost conveyance deed, a duplicate can be requested from the registering authority, provided the loss is well-documented.
Sara Rehman
Oct 16, 2023
Are witnesses important for the execution of a conveyance deed?
Absolutely, witnesses add a layer of legal security by verifying the transaction's authenticity.
Janet White
Oct 16, 2023
What details are specified in a sale deed?
A sale deed includes property details, the agreed price, advance payment received, the balance amount, and the transfer date.
Aimie Carlson
Oct 16, 2023
Can a sale deed be executed for a future date?
No, a sale deed records a transaction that has already taken place and is executed concurrently with the transfer.
Janet White
Oct 16, 2023
Does a sale deed require registration?
Yes, a sale deed must be registered to legally validate the transfer of property ownership.
Sumera Saeed
Oct 16, 2023
Can a sale deed be executed without an agreement to sell?
Generally, no. A sale deed is usually preceded by an agreement to sell, outlining the terms to be finalized in the deed.
Aimie Carlson
Oct 16, 2023
Who is responsible for drafting a conveyance deed?
Conveyance deeds are also drafted by legal professionals, given the need for precise legal language and compliance.
Janet White
Oct 16, 2023
Is a witness necessary for a sale deed execution?
Yes, witnesses are required to attest to the legitimacy of the transaction and the identity of the parties.
Sumera Saeed
Oct 16, 2023
Can a conveyance deed specify a future transfer?
Typically, a conveyance deed is executed at the time of transfer, but certain conditions for future transfers can be stipulated.
Sumera Saeed
Oct 16, 2023
Does a conveyance deed require a prior agreement?
Not always. Conveyance deeds can be executed without prior agreements, especially in cases of gifts or inheritances.
Sumera Saeed
Oct 16, 2023
About Author
Written by
Sumera SaeedSumera is an experienced content writer and editor with a niche in comparative analysis. At Diffeence Wiki, she crafts clear and unbiased comparisons to guide readers in making informed decisions. With a dedication to thorough research and quality, Sumera's work stands out in the digital realm. Off the clock, she enjoys reading and exploring diverse cultures.
Edited by
Sawaira RiazSawaira is a dedicated content editor at difference.wiki, where she meticulously refines articles to ensure clarity and accuracy. With a keen eye for detail, she upholds the site's commitment to delivering insightful and precise content.
