What is the legal term for the process of transferring ownership of property from one party to another?

The term "conveyance" refers specifically to the legal process of transferring ownership of property from one party to another. This process involves a formal execution of documents, most commonly a deed, that articulates the transfer of title and provides a legal record of the change in ownership. Conveyance includes not only the act of conveying the property itself but also the legal rights and liabilities associated with ownership.

While "title transfer" might seem like an appropriate choice, it is a broader term that encompasses various aspects of transferring ownership, including the conveyance process. "Deed execution" is part of this process since executing a deed is a critical step in conveying property, but it does not capture the entire legal concept. "Assignment" is primarily used in the context of transferring rights related to a lease or contract, rather than ownership of real property.

Conveyance is thus the most accurate and encompassing legal term regarding the transfer of ownership in real estate, making it the correct answer.