gran
tor
Plural
grantors
1
a person or entity that bestows something, such as property, rights, or privileges, to another through a legal document
- In the property deed, Jane Smith is listed as the grantor who transferred ownership of the house to Michael Johnson.
- As the grantor of the endowment, the foundation will oversee distributions that benefit medical research programs in perpetuity.
- The terms of the trust stipulate that the children will receive the inheritance after the grantor passes away.