What is the instrument called that transfers a grantor's interest in real property?

The instrument that transfers a grantor's interest in real property is referred to as a conveyance. A conveyance is a legal document that serves the purpose of transferring ownership or interest in a property from one party (the grantor) to another (the grantee). This instrument is essential in real estate transactions as it establishes the new ownership and outlines the specifics of the transfer, ensuring that the interests of both parties are documented and legally recognized.

In the context of real estate law, the term "conveyance" encompasses various forms, including deeds, which are commonly used to facilitate such transfers. Understanding the role of a conveyance is critical for anyone involved in real estate, as it aligns with legal requirements and helps prevent disputes related to property ownership. Other options, such as a contract for deed or contingency, refer to different types of agreements and conditions within real estate transactions rather than the direct transfer of ownership.