Comment on the following: Conveyance is an act of transfer of any property.

Mitra's legal and commercial dictionary defines 'conveyance' as the action of conveyancing, a means or way of conveyancing, an instrument by which title to property is transferred, a means of transport, vehicle. 'Conveyance', as defined in clause 10 of Section 2 of the Indian Stamp Act, 1899, 'includes a conveyance on sale and every instrument by which property, whether movable or immovable, is transferred inter vivos and which is not otherwise specifically provided by Schedule I' of the Act. Section 5 of transfer of property act defines 'transfer of property' as an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, and one or more other living persons; and 'to transfer property' is to perform such act. Thus Conveyance is an act of by which movable or immovable property is transferred by way of sale, lease, gift or exchange.