The grantor on a deed is the person or entity who currently owns the property and transfers their ownership rights to another party, known as the grantee. In real estate transactions, the grantor is typically the seller who conveys the property to the buyer through the deed, which is the legal document that transfers ownership
. Key points about the grantor include:
- The grantor holds the title to the property before the transfer.
- They are responsible for signing the deed to formalize the transfer of ownership.
- The grantor must ensure the deed is accurate and that the title is clear of liens or claims before completing the transaction.
- The grantor is sometimes referred to as the "giver" of the property rights in legal documents
In summary, the grantor is the current property owner who legally transfers ownership to the grantee via the deed in a real estate transaction
