Conveyance
Term · Oil and gas · MLC-T-OAG-000849
The legal act of transferring ownership or an interest in real property, such as mineral rights or a leasehold, from one party to another. This transfer is typically documented through a written instrument like a deed or assignment. A conveyance must be properly executed and recorded to be legally binding and provide public notice of the change in ownership.
| Identifier | MLC-T-OAG-000849 |
|---|---|
| Field | Oil and gas |
| Subject | Oil and Gas Business |
Record as JSON
{
"id": "MLC-T-OAG-000849",
"term": "Conveyance",
"field": "Oil and gas",
"definition": "The legal act of transferring ownership or an interest in real property, such as mineral rights or a leasehold, from one party to another. This transfer is typically documented through a written instrument like a deed or assignment. A conveyance must be properly executed and recorded to be legally binding and provide public notice of the change in ownership.",
"subject": "Oil and Gas Business",
"url": "https://mlchart.com/terminology/oil-and-gas/conveyance/"
}
Record 912 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.