Who is referred to as the grantor in a real estate transaction?

In a real estate transaction, the grantor is defined as the seller of the property. This is the individual or entity that conveys ownership or an interest in the property to another party, known as the grantee. The grantor is responsible for providing the title to the property, and it is their agreement and intention to transfer ownership that initiates the transaction.

Understanding this role is crucial in real estate because it highlights the direction of property rights being transferred. The grantor must meet certain legal requirements to ensure the transaction is valid. This includes having the legal capacity to transfer the property, offering a clear title, and executing the necessary documentation, such as a deed, which formally records the transaction. This knowledge is essential for anyone involved in real estate, whether they are buyers, sellers, or real estate professionals, as it establishes the foundational relationships and responsibilities in property transfers.