Grantor vs. Grantee: Key Responsibilities in Real Estate Deals
In real estate, the grantor (seller) transfers ownership to the grantee (buyer). Grantor responsibilities include ensuring clear title, preparing the deed, disclosing property issues, and defending the title. Grantee responsibilities involve verifying ownership rights, reviewing and accepting the deed, conducting due diligence, and fulfilling obligations like paying taxes. Understanding Grantor and Grantee Responsibilities is crucial for a […]
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