Friday, 05 27th

Last updateTue, 08 May 2018 3pm

WHO'S WHO?

In our columns, we write for the general public. We refer to “buyers” and “sellers” because readers understand this. That’s all that counts. However, if you read legal documents concerned with real estate, or if you pick up a book on real estate written from, a legal point of view — you’ll see the words grantor or grantee used in the same transaction. You will also see the shortened word “grant” used. It deserves an explanation.
A grant is the transfer of real estate by a written contract. A private grant is the transfer of real property from one person to another. A public grant is the transfer of property from a government to a person.
A grantor is a person who transfers real estate by deed. In other words, the grantor is the seller.
A grantee is a person who receives real estate by deed. You guessed it — the grantee is the buyer.

Subscribe To Our Monthly Real Estate Newsletter

Receive pertinent information about your local market as well as helpful tips.

 

Search the MLS

Picture2

Find me on

link View Philip Raices's profile on LinkedIn link link link

Visit Our Blog

blog

Contact Info

  • 7 Bond St. Great Neck
  • (O): (516) 829-2205
  • (F): (516) 829-0717
You are here: Home Blog WHO'S WHO?
Selling Your Home?
Watch Our Videos:
Click the tabs below to watch our videos:
grow your business
Click Here
Living in Great Neck
CLICK HERE TO SEE AN AMAZING DEVELOPMENT OPPORTUNITY FOR INVESTORS!!