Who receives the property from the grantor in a real estate transaction?

In a real estate transaction, the grantee is the individual or entity that receives the property from the grantor. The grantor is the party who transfers ownership of the property, while the grantee is the recipient of that ownership. This relationship is fundamental to property transactions, as it establishes the direction of ownership change — from the person selling the property (the grantor) to the person buying it (the grantee).

The role of the grantee is significant as they take on rights associated with property ownership, which may include the right to use, sell, or lease the property. This relationship is often formalized through a deed, which outlines the transfer of the property and includes important details about the transaction.

Knowing the distinction between the grantor and the grantee is essential for understanding legal documents and transactions in real estate, therefore making this concept fundamental for aspiring real estate professionals.