Who is referred to as the grantor in a real estate transaction?

In a real estate transaction, the grantor is defined as the individual or entity that transfers ownership of the property to another party. This typically refers to the seller, who is conveying the property to the buyer. The grantor is responsible for signing the deed that legally transfers the property title, making this role essential within the transaction process.

Understanding this terminology is crucial for anyone involved in real estate, as it establishes the basis for property rights and ownership transfer. The other roles mentioned, such as the buyer or the agent, do not fulfill the definition of a grantor, as they are not the parties relinquishing ownership of the property. The buyer is indeed the recipient of the property, and the agent acts on behalf of either party but does not directly participate in the ownership transfer.