What is the main purpose of a conveyance deed in a real estate transaction?

In a real estate transaction, the primary purpose of a conveyance deed is to transfer title from the grantor (the seller) to the grantee (the buyer). This legal document serves as proof of the transition of ownership and outlines the details of the transaction. The deed is critical as it formally establishes the grantee's rights to the property and indicates that the grantor is relinquishing their interest in the property.

While other aspects, such as guaranteeing the validity of the title, creating a record, and documenting promises, are important in the broader context of real estate transactions, the essential function of a conveyance deed is to execute the transfer of ownership. Without this fundamental transfer, the other elements—like record-keeping or title assurance—would not hold significance in the context of ownership change.