Conveyance and Sale Deed essentially have no difference as in both the property document, the right, interest and title of the previous owner is transferred to the purchaser. Once Sale deed or Conveyance Deed is executed duly stamped and registered the purchaser will become the absolute owner of the property.
A sale deed acts as the primary legal document for evidencing sale and transfer of ownership of property in favour of the buyer, from the seller. Further, it also acts as the main document for further sale by the buyer as it establishes his proof of ownership of the property.
The sale deed is executed subsequent to the execution of the sale agreement and after compliance of various terms and conditions detailed in the sale agreement as agreed upon between the buyer and the seller.
The sale deed is the main document by which a seller transfers his right on the property to the purchaser, who then acquires absolute ownership of the property.
Conveyance Deed is a legal document that acts as a proof of transfer of ownership from 1 person to another. This can be done in the form of a gift, sale, lease or mortgage. Conveyance records the transfer of an interest in immovable property. The conveyance in the immovable property may take place by way of sale deed, gift deed, exchange deed etc.
All deeds transferring the property-rights are conveyance-deeds. Sale-deed is one of them. All sale-deeds are deeds of conveyance but all conveyance-deeds are not sale-deeds
The main difference is that the Sale Deed transfers the legal title of property from one person to another in case of a sale, i.e. the first party actually sells the title of the property to the second party in return of a specific amount of money. However, in a Conveyance Deed, there is no such restriction. A Conveyance Deed can transfer the legal title of property from one person to another in case of a gift, an exchange, a lease