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Define Grantor in Real Estate
Grantor:
A grantor is someone who is giving away or selling something very important, like a special right or ownership of a piece of land or property to another person. In real estate, a grantor is the person who is transferring the property, which could be a right, interest, or title to the real property, to someone else.
Example:
For example, let's say that Sarah wants to give her house to her daughter, Rachel. In this case, Sarah is the grantor because she is transferring the ownership of the house to Rachel.
The difference between grantor and grantee:
The grantor is the person who is transferring the property, while the grantee is the person who is receiving the property. The grantor gives or sells the property, while the grantee gets the property.