A Contract for Deed is a tool through which the buyers who either do not qualify for traditional lending options or who want a faster financing option to purchase property can go ahead to purchase a property. The legal title of the property remains with the seller until the balance is totally paid off. The buyer gets legal title to the property only after the final payment is made. The conveyance deed or the sell of land contract deed gives legal protection to the ownership of your property. It is very important to have a proper contract deed because of the rise in the number of fraud and bogus selling of properties. By understanding the basics of a conveyance deed, one can guard oneself against getting duped. There is a tiny string of difference between the sale deed and the conveyance deed. All sale deeds are conveyance deeds but notthe vice versa. Gift, mortgages, exchange and lease deeds are also types of conveyance deeds. A conveyance deed is an important document for