A deed of conveyance is a legal document that proves that the deed (or title) was transferred from one property owner to another. That way, if a problem arises regarding ownership, there’s legal evidence that one party transferred ownership to another party.
This is similar to a sales deed, which is a contract establishing that the property was transferred to the buyer. It states that the sale was completed successfully, and that the purchaser now owns the property.
However, the main difference between the two deeds is that a sales deed is used when a sale takes place. In comparison, a conveyance deed can be used when the property is transferred as a gift, lease, mortgage or under other circumstances.