- The recipient of some type of property. In its most literal sense, a grantee is the recipient of a grant, a sum of money intended to fund a specific undertaking (like a college education or a research project). In real estate, the grantee is the recipient of a property - the person who will be taking title, as named in the the legal document used to transfer the real estate. The person who is relinquishing the property is called the grantor.
A county grantor-grantee index provides a record of property transfers showing who released ownership of a property and who took ownership, as well as the type of document used to transfer ownership (e.g., quitclaim deed, trust deed, tax lien, etc.).
Investment dictionary. Academic. 2012.
Look at other dictionaries:
grantee — grant·ee /gran tē/ n: one to whom a grant is made; specif: one to whom a grant by deed is made Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. grantee … Law dictionary
grantee — gran‧tee [ˌgrɑːnˈtiː ǁ ˌgræn ] noun [countable] LAW a person who is given the legal ownership of land, property, or money: • The legal ownership of the land was vested in the grantee. * * * grantee UK US /ɡrɑːn tiː/ US /ɡræn tiː/ noun [C] ►… … Financial and business terms
grantee — gran*tee (gr[.a]n*t[=e] ), n. (Law) The person to whom a grant or conveyance is made. [1913 Webster] His grace will not survive the poor grantee he despises. Burke. [1913 Webster] … The Collaborative International Dictionary of English
grantee — late 15c., from GRANT (Cf. grant) (n.) + EE (Cf. ee) … Etymology dictionary
grantee — [gran tē′] n. Law a person to whom a grant is made … English World dictionary
grantee — grant ► VERB 1) agree to give or allow (something requested) to. 2) give (something) formally or legally to. 3) agree or admit to (someone) that (something) is true. ► NOUN 1) a sum of money given by a government or public body for a particular… … English terms dictionary
grantee — noun Date: 15th century one to whom a grant is made … New Collegiate Dictionary
grantee — /gran tee , grahn /, n. the receiver of a grant. [1400 50; late ME; see GRANT, EE] * * * … Universalium
grantee — noun the person to whom something is granted … Wiktionary
grantee — granÂ·tee || grÃ¦n tÉªË /grÉ‘Ën n. receiver of a grant … English contemporary dictionary