Meaning of Grantor (What it is, Concept and Definition)

Grantor is the intervening as interested with public deed, promissory contract, or any other type of contract. Grantor is the one who grants the deed, and granted is the one who receives.

When a person makes a power of attorney, he grants powers to someone else to exercise them on his behalf. When you transfer a right or power to someone, the person is bestowing.

When the government receives an authorization or permit to explore a certain place, the individual is receiving a grant, in which case the government is the grantor and the one who requests it is the grantee.

Grantor is a legal term of Latin origin used in business contracts to designate the parties involved in a given business.

In contracts, instead of citing the names of the parties throughout the text, the terms 1st Party or 2nd Party are used to designate both parties (contractor and contracted party).

Grantee and grantor

As mentioned, the bestower is the individual who gives the bestowal, while the bestower is the one who receives it.

Learn more about the meaning of Grant and Grantee and the difference between grantor and grantee.

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