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 vs grantee relationship in real estate?

One common example of a grantor vs. Grantee relationship in real estate occurs in property rentals. Here, the landlord (lessor) is the grantor who rents out the property. The tenant (lessee) is the grantee who receives the right to occupy the property.

Who is a grantor in a real estate deal?

In a real estate deal, the grantor is the person who transfers ownership of their property to someone else—the grantee. You might know the grantor as the seller in a home transaction or the landlord who rents their property to someone else. The grantor may be any entity that owns and wants to sell or rent out their property. What Is a Grantee?