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The obligation to convey property title is best represented by the concept of delivery and acceptance. In real estate transactions, the transfer of ownership is formalized through the execution of a deed, which must then be delivered to the grantee (the person receiving the property) and accepted by them for the transfer to be valid.

Delivery refers to the act of physically transferring the deed or showing the will to transfer ownership. Acceptance indicates that the grantee has acknowledged and agreed to the transfer of the property to them. This principle ensures that the transaction is not only initiated but also completed through mutual consent, forming a legal obligation to convey the property title.

In contrast, options such as a deed in trust involve securing a loan with real estate rather than directly conveying title. A designated agency generally refers to agency relationships in real estate transactions, where specific agents are authorized to act on behalf of buyers or sellers, rather than representing the obligation to convey title. Demand typically pertains to a request for action rather than the formal requirements associated with transferring ownership.