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Grantee
The person or entity that receives property or rights from another party (the grantor). In real estate, the grantee is the buyer or person receiving property rights.
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Grantor
The person or entity that transfers property or rights to another party (the grantee). In real estate, the grantor is the seller or person giving away property rights.
Beneficiary
A person or entity designated to receive assets, benefits, or proceeds from a will, trust, insurance policy, or other legal arrangement.
Disclaimer
This definition is for informational purposes only and does not constitute legal advice. Consult a licensed attorney for specific guidance.