Who is known as the grantor in a property transfer?

In the context of a property transfer, the grantor is defined as the individual or entity that transfers ownership of the property to another party, known as the grantee. The grantor is responsible for executing the deed, which is the legal document that formalizes the transfer of ownership. This party conveys their rights to the property and relinquishes any claim over it once the transfer is complete.

Understanding the role of the grantor is essential in real estate transactions, as it ensures that the property is properly transferred and that the new owner has clear title to the property without any lingering claims from the previous owner. This designation is critical in legal documents and processes involved in property exchanges, emphasizing the importance of correctly identifying the parties involved.