Who is referred to as the grantor in real estate transactions?

In real estate transactions, the grantor is defined as the party who conveys or transfers ownership of the property to another party, generally through a deed. This role is typically fulfilled by the seller of the property. The seller, or grantor, is responsible for providing the buyer with the title to the property, ensuring that the transaction is executed properly and legally.

The buyer, referred to as the grantee, receives the property from the grantor and pays an agreed-upon amount, often through financing or cash. While the real estate agent plays an important role in facilitating the transaction by guiding both parties and ensuring that all the necessary paperwork and procedures are followed, they do not transfer ownership themselves. Similarly, the lender provides financial backing for the buyer to purchase the property but does not participate in the ownership transfer, which emphasizes the distinction between their roles and that of the grantor.