What is "conveyed vacant" mean?

5 Replies

Hello BP!

So I'm jumping back in to buy and holds, still a ton to learn!, and finally got sent an MLS listing from an investor agent. Seems good so far. One of the properties has at the end in the description "home to be conveyed vacant". What exactly does this mean? It's a multi and it is vacant, 3 unit no tenants, and does need some work according to MLS.

FYI this is in NJ and I am using a VA loan so I have to be able to move in. I did a google search and it didnt answer my question. Thank you!

Obie Insurance
Coverage for your rental
Get a quote for your rental property in 2 minutes or less.
Save on landlord insurance. A transparent, simple, and affordable way to protect your investment.
Start Saving

Thank you all for the info. Seemed that would be the case but haven't seen those words before in vacant listings. You guys and gals rock.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you