Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Transfer of Ownership Transfer of Ownership November 9, 2021 Any legal method by which the ownership of property changes hands.You Might Also Like: Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Living QuartersUnderstanding Mortgage Interest Rates