23/05/2026
Most apartment buyers sign property documents without actually understanding the difference between a Conveyance Deed and a Sale Deed.
A Sale Deed is straightforward — one owner sells an existing property to another owner.
But when a builder transfers an apartment to the first buyer, it is more than just a sale of four walls.
The builder is legally transferring:
• the apartment,
• the share in the land,
• and rights in common areas like lobby, lifts, clubhouse, parking, etc.
This is called a Conveyance Deed because ownership rights are being legally conveyed and established for the first time.
Once that happens, the property becomes a legally complete asset.
After that, if the same apartment is sold again by the owner, it is usually done through a Sale Deed.
Simple difference:
• Builder → First Buyer = Conveyance Deed
• Owner → Next Buyer = Sale Deed
Understanding property documents is as important as understanding the property itself.
