Grantee
A grantee is the person or entity that receives ownership or an interest in real property through a deed or other legal instrument. In most real estate transactions, the grantee is the buyer who is receiving the property title from the seller.
Example
“In the property deed, Sarah Johnson was listed as the grantee receiving the three-bedroom house from her uncle.”
Memory Tip
Remember 'grantee' has double-E at the end - the recipient gets the deed with glee!
Why It Matters
Understanding who the grantee is ensures proper identification on legal documents and confirms who will hold legal title to the property after closing.
Common Misconception
Many people think the grantee is always an individual, but grantees can be corporations, trusts, LLCs, or other legal entities.
In Practice
On a warranty deed, John Smith is listed as the grantor (seller) and ABC Trust is listed as the grantee (buyer), meaning the trust will own the property after the transaction closes.
Etymology
Derived from the Old French 'granter' meaning 'to grant' combined with the suffix '-ee' indicating the recipient of an action, literally meaning 'the one who is granted something.'
Common Misspellings
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