Final Conveyance is a culmination of all the legal rights and obligations of land owner, Developers and Apartment buyers in the form Final Sale Deed or the Apartment Declaration followed by the Apartment Deed.
The Agreement for Sale enjoins upon the Developers to convey the title of the land owner coupled with all the beneficial interest of the Developers to and in the name of the buyer or organisation in pursuance of the Development Agreement.
Mostly the Final Conveyance is made in either of the two forms:
- Societal Final Conveyance where the organisational set-up is of Co-operative Housing Society
- Apartment Deed in consequence of Apartment Declaration where the organisational set-up is of Apartment Condominium.