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Who is a grantor in a real estate transaction?

Essentially, the grantor is the one who initiates the transfer of property ownership. In a real estate transaction, the grantor is responsible for ensuring that all legal and financial obligations are met before the transfer is finalized. What is Grantee? The grantee, on the other hand, is the person or entity who receives the 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 the relationship between a grantor vs grantee in a real estate transaction?

The relationship between a grantor vs. grantee in a real estate transaction is between the transferor and the transferee. The grantor initiates the transfer by executing the necessary legal documents. At the same time, the grantee accepts and assumes ownership.

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