The recipient of some type of property. In its most literal sense, a grantee is the recipient of a grant, a sum of money intended to fund a specific undertaking (like a college education or a research project). In real estate, the grantee is the recipient of a property - the person who will be taking title, as named in the the legal document used to transfer the real estate. The person who is relinquishing the property is called the grantor.

A county grantor-grantee index provides a record of property transfers showing who released ownership of a property and who took ownership, as well as the type of document used to transfer ownership (e.g., quitclaim deed, trust deed, tax lien, etc.).

Investment dictionary. . 2012.

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Look at other dictionaries:

  • grantee — grant·ee /gran tē/ n: one to whom a grant is made; specif: one to whom a grant by deed is made Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. grantee …   Law dictionary

  • grantee — gran‧tee [ˌgrɑːnˈtiː ǁ ˌgræn ] noun [countable] LAW a person who is given the legal ownership of land, property, or money: • The legal ownership of the land was vested in the grantee. * * * grantee UK US /ɡrɑːn tiː/ US  /ɡræn tiː/ noun [C] ►… …   Financial and business terms

  • grantee — gran*tee (gr[.a]n*t[=e] ), n. (Law) The person to whom a grant or conveyance is made. [1913 Webster] His grace will not survive the poor grantee he despises. Burke. [1913 Webster] …   The Collaborative International Dictionary of English

  • grantee — late 15c., from GRANT (Cf. grant) (n.) + EE (Cf. ee) …   Etymology dictionary

  • grantee — [gran tē′] n. Law a person to whom a grant is made …   English World dictionary

  • grantee — grant ► VERB 1) agree to give or allow (something requested) to. 2) give (something) formally or legally to. 3) agree or admit to (someone) that (something) is true. ► NOUN 1) a sum of money given by a government or public body for a particular… …   English terms dictionary

  • grantee — noun Date: 15th century one to whom a grant is made …   New Collegiate Dictionary

  • grantee — /gran tee , grahn /, n. the receiver of a grant. [1400 50; late ME; see GRANT, EE] * * * …   Universalium

  • grantee — noun the person to whom something is granted …   Wiktionary

  • grantee — gran·tee || græn tɪː /grɑːn n. receiver of a grant …   English contemporary dictionary

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