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What Are Grantors And Grantees? There are two sides to a transaction. In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation.
What does grantor mean?
The Grantor is any person conveying or encumbering, whom any Lis Pendens, Judgments, Writ of Attachment, or Claims of Separate or Community Property shall be placed on record. The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document.
What is a Grantor grantee affidavit Cook County?
GRANTEE SECTION. The GRANTEE or her/his agent affirms and verifies that the name of the GRANTEE shown on the deed or assignment. of beneficial interest (ABI) in a land trust is either a natural person, an Illinois corporation or foreign corporation.
What is a grantor document?
A grantor is a person or entity that transfers to another person or entity the interest or ownership rights to an asset. Legal documents, such as deeds, detail the transfer of assets between grantors and grantees.
grantor grantee statement
what is a grantorwho is the grantor and grantee on a notice of commencementgrantor grantee statement cook countywho is the grantee on a lien55 ilcs 5/3-5020cook county recorder of deeds forms
A grantor–grantee index is a general term for two lists of real property transfers maintained in alphabetical order of the last name of the parties ...
In the direct index, the register enters first the name(s) of the grantors and then the names of the grantee(s), all in alphabetical order, then enters the ...
The grantee's name must appear on the face of all deeds and a return mail address ... Full name and address of Grantee(s) on deed; Statement grantor/grantee ...
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