Grantor Legal Meaning and Definition
Here is a simplified definition of the legal term Grantor.
Grantor (noun)
A grantor is an individual or organization that sells or gives away their own property or legal rights. They often use a legal document called a deed to hand over these rights to another person or group, known as the grantee. The grantor is also the one who creates trusts, giving control of property to a trustee for the benefit of a third-party beneficiary.
For example, if Jessica sells her house to Brian, Jessica is the grantor and Brian is the grantee.