GRANTOR Meaning and
Definition
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A grantor is a party who transfers ownership or rights of a property or asset to another individual or entity through a legal document known as a grant. Typically, the grantor is the source of the grant and is responsible for initiating the transfer. The term "grantor" is commonly used in the context of real estate transactions, where it refers to the person who conveys or gives the property to the recipient, also known as the grantee.
The grantor holds the legal authority and control over the property or assets being transferred, and they possess the inherent right to grant or convey those rights to another party. The grantor is usually responsible for creating the grant document, which outlines the terms and conditions of the transfer, including any covenants, conditions, or restrictions that may apply.
In addition to real estate, the term "grantor" is also used in other legal and financial contexts. For example, in trusts and estates, a grantor is the individual who establishes a trust and transfers property or assets into it. In banking or lending, a grantor is someone who provides collateral or security for a loan. Furthermore, the term "grantor" can also apply to individuals or organizations that bestow funds or resources to support projects, research, or initiatives, such as grantors in philanthropy or grantmaking foundations.
Overall, the term "grantor" refers to the person or entity that transfers ownership or rights to another party through the process of granting, conveying, or bestowing.
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In law, one by whom a grant is made.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for GRANTOR
- frantor
- vrantor
- brantor
- hrantor
- yrantor
- trantor
- geantor
- gdantor
- gfantor
- gtantor
- g5antor
- g4antor
- grzntor
- grsntor
- grwntor
- grqntor
- grabtor
- gramtor
- grajtor
Etymology of GRANTOR
The word grantor is derived from the verb grant, which originated from the Old French word granter and the Latin word grantere. The Old French word comes from the Latin word grandire, meaning to allow or to promise. Ultimately, grantor can be traced back to the Latin word gratus, meaning pleasing or grateful.
Similar spelling words for GRANTOR
- Grant Wood,
- grandson,
- granter,
- Grants,
- grow into,
- grander,
- grinder,
- Granth,
- grand tour,
- granitic,
- Granata,
- grant,
- grandaunt,
- grind,
- grunter,
- Granado,
- granato,
- cantor,
- grantee,
- Grantham,
- grandness,
- grandeur,
- guarantor,
- grand,
- grund,
- granted,
- grater,
- grindstone,
- granite,
- grand-,
- grunt.
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