grantor
2
7.9
- noun
- /ˈɡrænˌtɔr/
- Specialized
:
otorgante
- Before finalizing the sale, the grantor must ensure all necessary documents are in order.
- grantor landowner
- grantor-grantee
- grantor trust
Examples
-
Grantor landowners voluntarily relinquished their property rights to a third party.
Academic text (2016) -
Since the grantor receives a lower rate of return, assets with a greater value are ultimately passed to the beneficiaries.
Academic text (1999) -
Because the trust is ignored for income tax purposes, the grantor does not recognize gain on the sale.
Academic text (1999) -
The grantor retains his original tax basis in the returned shares.
Academic text (1999) -
The catch to the GRAT is that for the estate planning benefits to be realized, the grantor must outlive the term of the trust.
Academic text (1999) -
At the end of the trust term, the property passes to the grantor's children or other beneficiaries, either outright or in further trust.
Academic text (1999) -
But the unpaid balance is recognized by the grantor's estate for income tax purposes as income in respect of a decedent.
Academic text (1999) -
One reform from The Center for Effective Philanthropy (CEP) advances the premise that grantor-grantee relationships are a starting place for improved accountability.
Academic text (2016) -
The grantor signed the deed to transfer ownership of the property to the new buyers.
-
In a legal agreement, the grantor is the person who provides a specific right or property to another party.
Synonyms
1
8.6
A person who gives property or rights to someone else, often by a legal document
1
6.1
A person or organization that gives rights, property and permission
1
6.8
A person or group that gives official permission for something
1
9.0
A person who legally gives a right or property to another person
Someone who gives rights or property to another person
A person or organization who gives property, rights and responsibility to someone else
A person who gives legal ownership of property to another
A person who gives someone an honor, right, or property
A person who gives property to another person to hold and manage for someone else
A person who puts property into a trust so others benefit
A person who gives land or property for public use
Antonyms
- Specialized
4
6.2
A person or group that officially receives something such as money, rights, property
Compounds
- Specialized
An arrangement where the person who creates it keeps control and pays tax on the income it earns
How Generous
Surface Forms
Morphology
Etymology
Grantor comes from the verb grant, which means 'to give', plus the ending -or meaning 'one who'. So a grantor is the person who 'gives' rights or property to someone else, often by signing a legal document.