What Term BEST Describes a Person That Owns a Property

question 4

Multiple Choice

What term BEST describes a person that owns a property and is conveying title to the property to another person?

• A)Mortgagor
• B)Grantor
• C)Mortgagee
• D)Grantee

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Definitions:

Notarization

The official process of ensuring a document is properly executed through a notary public, who verifies the identity of the signers, their willingness, and their understanding of the document.

Signing of a Deed

The act of executing a legal document in which the title to property is transferred from one party to another.

Condemnation

The legal process by which a transfer of property is made against the protest of the property owner.

City of Maroa

A municipality located in Illinois, known for its local governance and community services.