The passing of title from a seller to a buyer for a price is known as a(n)________.

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The passing of title from a seller to a buyer for a price is known as conveyance. A license is a permission to do a certain action on another's property. An easement is a right to use another's property for a specific purpose, and a lease is a contract where a landlord allows a tenant to occupy and use a property in exchange for rent payments.

The Passing of Title from a Seller to a Buyer