In the context of real estate transactions, what is a grantor?

In real estate transactions, the grantor is the party that transfers the title of a property to another party. This role is central to the process of conveyancing, whereby rights to a property are passed from one individual or entity to another. The actions of the grantor typically involve executing a deed, which is a legal document that formalizes the transfer of ownership.

Understanding this role is crucial because the grantor holds the ownership rights being conveyed and may also be responsible for certain disclosures about the property. On the other hand, the party receiving the title, known as the grantee, takes on the rights and responsibilities associated with ownership once the transfer is complete. This definition underscores the importance of recognizing the grantor’s role in ensuring that the transaction is valid and that the title is clear.