Grantee definition in legal terms
Webselect a word to view the complete definition: grantee n. the party who receives title to real property (buyer, recipient, donee) from the seller (grantor) by a document called a grant … WebAug 23, 2024 · Grantor and grantee are the two parties in a transaction. In real estate, one is the owner/seller of a property; the other is a person buying or leasing it.
Grantee definition in legal terms
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Webgrantee: An individual to whom a transfer or conveyance of property is made. In a case involving the sale of land, the buyer is commonly known as the grantee. grantee. n. the party who receives title to real property (buyer, recipient, donee) … Define grantees. grantees synonyms, grantees pronunciation, grantees … WebExamples of Federal grantee in a sentence. If you are a Federal grantee, you may not use Federal funds to develop applications for this competition unless such use is consistent with the purpose of your grant award.. The County of Alameda is a Federal grantee for HRSA Ryan White Part A funds.. The term “payment” in this definition means any …
Web5 hours ago · (This definition is not intended to affect the eligibility provision of grant programs in which eligibility is limited to organizations that may be only components of a legal entity.) The term “grantee” does not include any secondary recipients, such as subgrantees and contractors, that may receive funds from a grantee pursuant to a ... WebIn general law, the grantee is the person who receives an asset, including cash, scholarships, or real estate. When a real estate transaction occurs, the grantee receives the title from the grantor. Similarly, a scholarship recipient is considered the grantee of the scholarship. When a deed or title is written, the names of the grantor and ...
WebMay 5, 2024 · If we interpret the words from a real estate point of view, the grantor is the seller of a property, and the grantee is the person who buys it. In this case, the homeowner transfers title through a deed (the legal record where the transaction is documented). This dynamic can also be seen in a landlord and renter’s relationship. WebIn trust law, the grant is the act by which the settlor creates the trust for the interests of the trustee. In an option contract, the right of the optionee to exercise the option is considered a grant on the part of the optionor. In philanthropy, a donor may provide a grant of money. See also. Grantor-grantee index; Grant (disambiguation) Donor
WebMay 21, 2013 · The grantor in a deed is the person who is transferring the property to another person. The person receiving the deed is the grantee. In an action for dissolution of marriage, the court may order one of the spouses to convey real estate to the other spouse. If you are unsure of your legal rights, you should consult an experienced lawyer in your ...
WebJan 26, 2024 · 3. A grantor is someone that gives property to another person called the grantee. In estate planning, a grantor, also known as the settlor or trustor, transfers property to a beneficiary through a trust. In real estate a grantor conveys property to a grantee through a deed. A trust is a separate entity that holds assets and property, … claiming tax back self employedWebA grantee-grantor index is a list of recorded property transactions kept in the county recorder's office. It is alphabetically organized by the grantee's name and includes the volume and page number of the recorded property transactions. In some jurisdictions, the grantee-grantor index is combined with the grantor-grantee index. downey dogs trelloWebGrantor. The Grantor is any person conveying or encumbering, whom any Lis Pendens, Judgments, Writ of Attachment, or Claims of Separate or Community Property shall be placed on record. The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document. claiming taxes on bondsWebtransferee: noun acceptor , allottee , assignee , consignee , devisee , donee , grantee , heir , inheritor , legatee , licensee , payee , recipient , successor ... downey ditch skateboarding laWebKey Takeaways A grantee is a person who receives something from another person, according to a legal document. It may or not be the... A grantee is the opposite of a … downey dog yoga radford vaWebDefine grantee. grantee synonyms, grantee pronunciation, grantee translation, English dictionary definition of grantee. n. Law A person or organization that is given a grant. downey distributorsWebFeb 24, 2024 · There are two sides to a transaction. In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property … downey district attorney\\u0027s office