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?

What is the difference between grantor and grantee?

A grantor is a person or organization that transfers ownership of their assets or real property to someone else. A grantee is the person or organization that receives the assets or property. Both terms are common in real estate transactions and estate planning. Transfers ownership of money or property. Receives money or 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.