Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Grantee

What it is:

In the legal world, a grantee is a person who receives something.

How it works (Example):

In real estate, a grantee is a person who receives property after a sale or other transfer of title. In business, a grantee could be a person who receives a stock option grant. The idea is that the grantee receives something from another person, often called the grantor.

Why it Matters:

Grantees receive title and claim to assets of all kinds: stock options, real estate, or the legal use of some sort of asset. In contracts and other agreements, it is important to understand who exactly the grantee is.