Transfer of Property

Transfer of Property refers to the process of legally transferring ownership of property from one person to another. This can involve real estate, personal belongings, or other assets. The transfer is typically formalized through a legal document, such as a deed or a bill of sale, which outlines the terms, conditions, and responsibilities of both parties involved. This process ensures that the new owner has the legal rights to use, sell, or modify the property in the future. Transfer of property laws vary by region, and it's important to follow legal guidelines to avoid disputes.