Who is the individual that transfers title to or interest in real property?

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!

In real estate transactions, the individual who transfers title to or interest in real property is known as the grantor. This person is typically the current owner of the property who is conveying their rights, interests, or title to another party, which is referred to as the grantee. The grantor must have legal authority to transfer the property, and this involves executing a deed that relinquishes their ownership rights.

Understanding the role of the grantor is essential, as they must fulfill specific legal requirements for the transfer to be valid and recognized under the law. This transfer process is a common aspect of real estate transactions, and recognizing the terminology, including the specific role of the grantor, is crucial for anyone studying for a real estate licensing exam.

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