Legal Question in Real Estate Law in California
Grantee/Grantor
i cannot figure out what is meant by grantor and grantee. if i own land and am selling it, am i the grantee? or the grantor? could i get a simple example of what these two words mean?
thanks!
lorey
3 Answers from Attorneys
Re: Grantee/Grantor
grantor is the same as the seller, transferor and the grantee is the buyer,transfere or gives it and ee recieves it
Re: Grantee/Grantor
grantor is the person signing the deed (you the seller).
Joel Selik
Attorney/Real Estate Broker
www.SelikLaw.com
Re: Grantee/Grantor
And the grantee is the person to whom the property is transferred -- the buyer.
Generally, in legalese the " --or" person is the one who does the act (i.e., the grantor makes the grant) and the " --ee " person is the one affected by the act.
Another example is "donor" (one who gives) and "donee" one who receives a gift. We also have lessor and lessee, mortgagor and mortgagee, vendor and vendee, etc.
Interestingly, the one who breaks out of prison is called an "escapee," and not an "escapor" or "escaper" -- actually, the warden should be called the "escapee," not the fleeing felon.