Conveyancing describes the legal process whereby a person becomes the registered and lawful owner of a property. "Fixed property" is any land, whether improved or not, such as a house, farm or flat. Formal conveyancing is also required for the registration of mortgage bonds and other rights in fixed property such as servitudes.

A conveyancing transaction involves a chain of steps which begins with the deed of sale and continues through to the ultimate registration of ownership and the reconciliation of finances and payments.