The transfer of ownership or name change is a legal process that involves the alteration of the registered ownership details of an asset, property, or entity from one individual or entity to another. This can occur for various reasons, such as the sale of property, inheritance, marriage, or business transactions. The process ensures that the legal rights and responsibilities associated with the ownership are appropriately transferred to the new party.

In real estate, the transfer of ownership involves the execution of a deed or other legal documents that officially convey the property from the seller (transferor) to the buyer (transferee). This process typically requires legal documentation, notarization, and registration with the relevant authorities to validate the change.