What is the common term used for the process of transferring ownership of property?

The process of transferring ownership of property is commonly referred to as conveyance. This term specifically relates to the legal mechanism through which a property's title is transferred from one party to another. Conveyance involves various legal steps, including the execution of a deed, recording the deed in public records, and ensuring that the transfer fulfills applicable legal requirements.

In contrast, leasing pertains to the rental of property rather than ownership transfer, while acquisition refers to the act of obtaining property, which does not necessarily imply ownership transfer but rather the process of gaining control over it. Title holding simply indicates the ownership of a property without addressing the act of transferring the ownership itself. Thus, conveyance is the most accurate term that directly describes the transfer of property ownership.