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Grantor’s Name and Signature – The grantor is required to sign the deed in front of a notary and have the signature notarized.Businesses, trusts, estates, nonprofit organizations, churches, or other organizations can serve as grantor or grantee.Grantors and grantees need not be people.For example, if a father wanted to transfer real estate to himself and his children, the father would be both a grantor (since he is the current owner) and a grantee (since he will still have ownership after the transfer, although in a different form).The grantor can be one of the grantees.A mother may convey property to her three children, thereby making each child a grantee.Similarly, there may be more than one grantee.In this situation, both the husband and wife are considered grantors. For example, if a husband and wife own real estate together, both of them can sign the same deed to transfer real estate to someone else.
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More than one owner = More than one Grantor.In a sale of real estate, the buyer is the grantee. The grantee is the person or organization that receives the real estate. New Owner (“Grantee”) – The person who will own the property after the transfer is called a grantee.The grantor is the person or organization that is transferring the real estate. Current Owner (“Grantor”) – The current owner of the real estate is called a grantor.There will always be at least two parties to a deed: the person transferring the property and the person receiving the property. OctoUnderstanding Conveyance Deeds Real Estate |Ī deed is a written instrument that transfers the title of property from one person to another.įor a deed to be valid, it must identify the parties.