Meaning & use
commercial property conveyancing
Last updated
Meaning
noununcountablelegalBritishbusiness
The legal work of transferring ownership of business buildings or land from one person or company to another.
Grammar: Uncountable: say 'conveyancing takes time', not 'a conveyancing'.
Patterns
- commercial property conveyancing solicitor
- handle commercial property conveyancing
- a commercial property conveyancing transaction
We hired a firm that specializes in commercial property conveyancing for the office purchase.
Commercial property conveyancing involves checking leases, planning rules, and title records.
The deal was delayed because the commercial property conveyancing took longer than expected.
Common combinations
- commercial property conveyancing solicitor
- Ask a commercial property conveyancing solicitor to review the lease.
- a commercial property conveyancing transaction
- It was a complex commercial property conveyancing transaction.
- handle commercial property conveyancing
- Our in-house team handles commercial property conveyancing.
- commercial property conveyancing fees
- The commercial property conveyancing fees were higher than we budgeted for.
Synonyms and how they differ
- commercial real estate closing
- The common US term for the final stage of transferring commercial property; 'conveyancing' covers the whole legal process.
- property transfer
- A general phrase for moving ownership; it does not always include the legal checks that conveyancing involves.
Word family
- conveyance noun
- the legal document that transfers property
- conveyancer noun
- a person who does conveyancing work
- convey verb
- to legally transfer property to someone
Commonly confused: commercial property conveyancing or residential conveyancing?
commercial property conveyancing vs residential conveyancing
Residential conveyancing is for homes people live in; commercial property conveyancing is for buildings used for business.
Practice
A company buys an office building and a lawyer checks the title and prepares the transfer papers. What is this work called?
Choose one answer.
'Commercial property conveyancing' is the legal work of transferring business property. 'Residential conveyancing' is for homes, and 'property management' is about running a building, not transferring it.
Make it your own
Write a sentence using “commercial property conveyancing”, then check it and compare it with the examples above.