Who conveys property to another in a real estate transaction?

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Study for the Chartered Property Casualty Underwriter 530 Exam with flashcards and multiple choice questions. Each question has hints and explanations to enhance your understanding and prepare you thoroughly.

Multiple Choice

Who conveys property to another in a real estate transaction?

Explanation:
The person who conveys property in a real estate transaction is the grantor. The grantor signs and delivers the deed, transferring title to the grantee—the recipient of the property. The grantor’s act of conveying is the essential step that passes ownership from one party to another. The other roles aren’t about conveying title: the grantee is the one who receives the property; the mortgagor is the borrower who pledges the property as security for a loan; the vendee is the buyer under a contract of sale.

The person who conveys property in a real estate transaction is the grantor. The grantor signs and delivers the deed, transferring title to the grantee—the recipient of the property. The grantor’s act of conveying is the essential step that passes ownership from one party to another.

The other roles aren’t about conveying title: the grantee is the one who receives the property; the mortgagor is the borrower who pledges the property as security for a loan; the vendee is the buyer under a contract of sale.

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