transferor
- noun
- /ˌtrænsfərˈɔr/
- Formal
- In a real estate transaction, the transferor must sign the deed to legally convey the property to the buyer.
Examples
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The NFA requires a tax stamp to be paid, burdensome wait times for registration, notification of the chief law enforcement officer in the county where the transferor lives, and submission of two copies of fingerprints and pictures, among other requirements. See 27 C.F.R. 479(III)(A)(1)(2016).
Academic text (2016) -
For years to which Treas. Reg. 1.1502-15A applies, the organizational status of the transferor is also a relevant factor.
Blog text (18) -
The proposed regulations affect the tax consequences of the transferee/assuming party and the transferor/property provider.
Blog text (18) -
Article II of the treaty obligates the NNWS not to receive the transfer from any transferor of nuclear weapons or other nuclear explosive devices, and not to manufacture or acquire them.
Academic text (1998) -
Generally, to determine control, a group of transferors may include all of the transferee stock owned by each transferor participating in the transaction, not just the shares the transferors receive in the current transaction.
Blog text (18) -
To achieve this result, the proposed regulations recharacterize transactions in which a transferee assumes obligations under an existing lease or similar agreement, and the transferor or any other party has already received or retains the right to receive amounts allocable to periods after the transfer.
Blog text (18) -
New subsection 248(30) provides that the existence of an amount of a benefit or an advantage in respect of a transfer of property does not in and of itself disqualify the transfer from being a gift or contribution if: (a) the amount of the "advantage" does not exceed 80% of the fair market value of the transferred property; or (b) the transferor of the property establishes to the satisfaction of the Minister that the transfer was made with the intention to make a gift.
Blog text (22) -
I do have one very large question about whether borrowers have standing to challenge the validity of assignments of mortgage or transfers of notes in transactions where they are not parties; that is, the borrower is neither the assignor nor transferor, nor the assignee or transferee.
Blog text (21) -
The desire for global resolution drives all facets of MDL management because, per the MDL statute and Lexecon cases, not resolved in pretrial proceedings must, absent settlement, be sent back to their transferor courts.
Academic text (2017) -
The transferor was required to disclose any existing liens on the property before the sale could proceed.
Synonyms
A person who gives property or rights to someone else by a legal document
A person or organization that gives rights, property and permission
A person who legally gives a right or property to another person
Someone who gives rights or property to another person
A person who gives legal ownership of property to another
A person or organization who gives property, rights and responsibility to someone else
A person who has the power to sell or give away someone else's property
A person who gives goods or money to someone
Antonyms
How Formal
Surface Forms
Morphology
Etymology
Transferor comes from transfer + the ending -or, where -or means 'one who does'. The part transfer comes from trans- 'across' and ferre 'to carry', like a ferry that carries people, so a transferor is the person who 'carries across' ownership and gives property to another.