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LSDefine
Simple English definitions for legal terms
grantee
Read a random definition: unified credit
A quick definition of grantee:
A grantee is someone who gets a piece of land or a house as a gift or by buying it. The person who gives or sells the property is called the grantor.
A more thorough explanation:
A grantee is a person who receives an interest in real property either by gift or by sale. The party who grants the grantee the property interest is known as the grantor.
- John bought a house from Jane. John is the grantee and Jane is the grantor.
- Susan inherited a piece of land from her grandfather. Susan is the grantee and her grandfather is the grantor.
These examples illustrate the definition of grantee by showing how a person can receive an interest in real property either by buying it or inheriting it. The person who grants the property interest is known as the grantor.