Legal Definitions - grant

Definition: Grant means to give or transfer something to someone, with or without payment.

In real estate transactions, the person who receives the property is called the "grantee," and the person who transfers the ownership of the property is called the "grantor." A grant can also refer to a written document, such as a deed, that conveys land from one person to another. In California, a transfer in writing is called a grant or conveyance, or bill of sale.

For example, when someone buys a house, the seller (grantor) transfers ownership of the property to the buyer (grantee) through a grant deed. The grant deed is an official written document that declares the legitimate owner of the property. The grantee will look through the past transaction history to confirm the chain of title and ensure that the grantor has full rights and title to the property, with no liens or mortgages.

Another example of a grant is a government grant, which is money given to an individual or organization for a specific purpose, such as funding research or starting a business.

These examples illustrate the definition of grant as the act of giving or transferring something to someone, whether it be property or money.