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What is the difference between a grantor and grantee?

It’s important to understand the difference between a grantor and grantee, especially when you’re thinking about buying a house. A grantor is the person transferring ownership to another individual. A grantee is the recipient of the real estate property.

Who is a grantee in a real estate transaction?

The grantee represents the other side of the real estate transaction: the buyer or the renter. They acquire property from the grantor either through a home sale or rental. When property changes hands, the grantor transfers the legal rights to own, use and/or sell the property to the grantee.

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?

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