What legal documentation formalizes the act of conveyance?

The act of conveyance, which refers to the transfer of ownership of real property from one party to another, is formalized through the deed. A deed is a legal document that specifies the details of the property transfer, including the identities of the parties involved and a description of the property itself. It serves as the official record of the transaction and, once executed and delivered, legally transfers ownership rights to the buyer.

On the other hand, a lease agreement pertains to a temporary arrangement where one party (the lessor) allows another party (the lessee) to use the property for a specified period in exchange for payment, without transferring ownership. A zoning permit is a local government authorization that allows the use of a specific property in a designated manner, but it does not relate to the ownership transfer. A mortgage document details a loan secured by real property, but it does not constitute the actual transfer of ownership; rather, it is a financial agreement that allows the buyer to purchase property while giving the lender a claim to it in case of default.