What are the definitions of grantee and grantor?

Full question:

Who is the grantee and grantor?

Answer:

Grantee refers to the person who receives an interest in real property. Grantor is the person who conveys that interest in real property.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

A grantee is typically the person who receives an interest in real property, which can include ownership. However, the term 'owner' implies full ownership rights, while a grantee may have a lesser interest depending on the type of deed or agreement involved. Thus, while all owners are grantees, not all grantees are necessarily owners in the full sense.