Definition
The person or entity receiving property rights through a deed—basically, the buyer in a real estate transaction. The happy person at closing.
Example Usage
The deed identified us as the grantees receiving title to the property from the previous owners.
Origin
From Old French 'granter' (to grant/give), describing one who receives a grant.
Fun Fact
The grantee's signature on the deed is actually less important legally than the grantor's, since the receiver didn't need to sign to receive something.
Source: Real Estate Law and deed terminology
Related Terms
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See “Grantee” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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