Report post

What is the difference between a grantor and a grantee?

Grantors and grantees are on the opposite end of a transfer of title, with grantors serving as the sellers or lessors and grantees acting as the buyers or leasees. Most deeds provide some form of protection to both parties, in terms of ownership of and responsibility for the property, and claims and liens against it.

Who is a grantee in a property transfer?

A grantee is a person or entity who receives the transfer of that property. The grantor and grantee are bound together through a contract (or legal document) that determines the terms and conditions of the transfer. A grantor is the seller of the property. The grantor is a person or entity who transfers ownership rights to someone else.

What is a grantor in real estate?

In real estate, a grantee is the recipient of the property, and the grantor is a person who transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation. The official documents they use, such as a deed, detail each of their obligations. What Is A Grantor?

The World's Leading Crypto Trading Platform

Get my welcome gifts