Grantee

Business / Real Estate / Grantee: The person who receives a conveyance of real property from a grantor. The grantee must be a person, either natural or otherwise (e.g. corporation, public agency, partnership, etc.) existing at the time of the conveyance and is capable of taking title.

General Index

Business / Real Estate / General Index: A county recorders office index used by title company examiners when searching the chain of title of a property. The examiner uses the index to research all the grantors and grantees in the chain of t MORE

Run With The Land

Business / Real Estate / Run With The Land: A phrase describing rights or covenants that bind or benefit successive owners of a property. An example is a restrictive building covenant in a recorded deed that would affect all future owners of th MORE

Pur Antre Vie

Business / Real Estate / Pur Antre Vie: For the life of another. A life estate pur autre vie is a life estate that is measured by the life of a person other than the grantee. MORE

Grant Deed

Business / Real Estate / Grant Deed: A type of deed in which the grantor warrants to the grantee, that he has not previously conveyed the estate, that he has not encumbered the property (except as noted in the deed) and that he will conv MORE

Deed

Business / Real Estate / Deed: A written instrument, when executed and delivered, conveys title to or an interest in real estate. MORE

Close-Of-Escrow-Closing

Business / Real Estate / Close-Of-Escrow-Closing: The consummation of a real estate transaction, when the seller delivers title to the buyer in exchange for payment by the buyer of the purchase price. Closing in some areas may not occur until the doc MORE

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