what is voluntary conveyance 
voluntary conveyance refers to an elective transfer of title from one individual to another without adequate consideration consideration refers to compensation which is expected in return for the property without it the conveyor should be prepared to offer a legal explanation for the transfer understanding voluntary conveyancevoluntary conveyance like any sale of real estate is a form of voluntary property transfer voluntary conveyance is distinguished however by the lack of adequate consideration given to the seller consideration is a legal term that refers to the compensation given in exchange for the property in question following are some common scenarios for voluntary conveyance voluntary conveyance to avoid defaultsome delinquent borrowers will voluntarily convey the property to the lender in order to avoid default and the effects it has on the borrower s credit history the lender can accept conveyance of title then sell the property the lender may then have the right to file an insurance claim to recover any remaining deficiency depending on local laws in making such a conveyance the borrower avoids the stigma of default fraudulent voluntary conveyance to avoid creditorsin most states it is illegal to transfer property to a third party in order to avoid creditors claims on that property this is known as a fraudulent conveyance and creditors can pursue their claim on the property via civil legal action penalties depend on whether the court rules that the fraud is actual that is intentional or constructive which describes a de facto fraudulent transaction voluntary conveyance for charitable purposesdonors wishing to convey real property to a charitable organization must carefully manage the issue of consideration to ensure the desired tax deduction the receiving organization must have an irs tax exemption in good standing and the transaction should be properly vetted by independent appraisers and tax attorneys with these safeguards in place consideration comes in the form of a tax deduction 1 voluntary conveyance to descendantsa property owner can convey real estate to a descendent as a gift or via a last will and testament many states allow for a gift deed to change hands listing a nominal consideration which could be a small monetary amount or simply love and affection such a gift can be considered suspicious when creditors seek possession of the property to fulfill claims on the property involuntary conveyance is the transfer of real property without the owner s consent this can take place in cases of condemnation due to neglect or natural disaster failure to pay taxes or the death of a property owner with no direct heirs in such cases the state will take custody of the property 