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Grantor
01
a person or entity that bestows something, such as property, rights, or privileges, to another through a legal document
Example
As the grantor of the endowment, the foundation will oversee distributions that benefit medical research programs in perpetuity.
In the property deed, Jane Smith is listed as the grantor who transferred ownership of the house to Michael Johnson.
The terms of the trust stipulate that the children will receive the inheritance after the grantor passes away.
