The Process of Conveyance So what is the actual process that occurs when your home sells? The act itself is known as Conveyance. This is the legal and binding transfer of property from one individual to another. The process of transfer involves a number of contracts and additional parties such as attorneys. The end goal is that the buyer receives a authentic and legitimate title to the property. This is of course assuming that the seller possesses the right to sell the property from a legal perspective. Conveyance is typically comprised of two elements, the exchange of contracts and completion. There are also three distinct stages of conveyance, before contract, before completion, and after completion. Typically the process of conveyance is different in every state, however the basics of the act are similar. Representatives of the buyer, seller and the mortgage lender meet and exchange the necessary legal papers. There is a large number of legal documents that change hands at this stage; deeds are the primary documents that are involved at this stage however this is also the time when financial documents such as promissory notes, mortgage papers, pro rata property taxes, title insurance and such are dealt with. So much more goes on during the process of conveyance than simply signing a few papers. It is a complicated business that can have huge ramifications on the outcome of the home sale. Any last minute conditions must be dealt with before the conveyance can come to a close. If you need more info about what happens during this process, ask your Realtor or contact your lawyer, either of these people should be able to educate you a bit more on the act of conveyance. Posted by Jeff Schoenfield on December 13, 2008 at 12:00 AM About Jeff Schoenfield Jeff Schoenfield is affliated with RE/MAX All Pro, Realtors, which is located in Gatlinburg, TN. For further assistance please use the contact information located on the right. As of 05/25/12 the Jeff Schoenfield RePage is ranked at 7,102 with 355 points.

Local Information for Gatlinburg, TN

Latitude: 35.721925 -- Longitude: -83.499334

---

ZIP Codes for Gatlinburg, Tennessee	37738
Area Code for Gatlinburg, Tennessee	865
Time zone for Gatlinburg, Tennessee	EST

Other Area Cities:   Gatlinburg, TN  Sevierville, TN  Pigeon Forge, TN 

Enter our Photo Sweepstakes and Win $200 for your Gatlinburg photos!

Click on Photos to Enlarge. To see all Gatlinburg area photos Click Here.

Submit your photos of Gatlinburg and become eligible to win $200. Click Here for details.

Gatlinburg is a city in Sevier County, Tennessee, with a total population of 3,828, as of the 2000 U.S. census. The city is a popular vacation resort, as it rests on the border of the Great Smoky Mountains National Park along U.S. Highway 441, which connects Gatlinburg to Cherokee, North Carolina through the national park. The area including the modern city of Gatlinburg was originally used primarily as hunting grounds by the Cherokee indians, though it was sparsely populated by various indian peoples. Gatlinburg is a key tourism destination in Tennessee. It not only contains many man-made attractions but borders the Great Smoky Mountains National Park. A few music and family-oriented theaters make their homes in Gatlinburg as well, including Elwood Smooch's Ole Smoky Hoedown, a comedy show aimed at families, and the Sweet Fanny Adams Theatre which hosts a musical comedy. -- Source: Wikipedia.com