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: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas