In general terms, the conveyance is the contract that transfers ownership of an asset or some other right in exchange for a consideration; more generically, one may say that a real estate conveyance is the formal agreement whereby one party, known as the vendor, transfers to another party, known as the purchaser, the ownership of a particular property in exchange for payment of the agreed price.
Given the extreme importance of real property ownership, our legal system not only requires that the agreement between the parties be in written form, but also stipulates the observance of a number of essential rules, the presence of some fundamental prerequisites and the fulfilment at the same time of a number of specific obligations.
For these reasons and especially in order to protect the large amount of money at stake, the task of carrying out real estate conveyances has been assigned to the notary in his dual role as public official and professional legal expert; he will also be able to suggest the most appropriate of the alternative solutions for reaching the desired end in each specific case.