What is the term for a person who receives a conveyance of real property from a grantor?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term for a person who receives a conveyance of real property from a grantor is "Grantee." In real estate transactions, the grantor is the individual or entity that transfers the ownership rights of a property, while the grantee is the one who receives these rights. When a deed is executed, it signifies the grantor's intent to convey their interest in the property, and upon acceptance by the grantee, this transaction is completed.

Understanding the roles of each party in a real estate conveyance is fundamental. The grantor is the seller or donor of the property, the grantee takes on ownership, the lessee is typically a tenant who leases property, and the beneficiary is commonly involved in a trust or estate context. Knowing these terms helps clarify the relationships and legal responsibilities in property transactions.

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