Washington State Real Estate Practice Exam

The term that describes a person who transfers ownership of property is known as a grantor. In real estate transactions, the grantor is the individual or entity that sells or conveys their property to another party, often referred to as the grantee. The grantor is responsible for executing the deed and ensuring that the title is transferred legally and properly. This role is crucial in the property transfer process, as it signifies the relinquishment of ownership rights from the grantor to the grantee.

In contrast, a vendor typically refers to a seller, especially in the context of a business transaction rather than specifically within real estate. The term beneficiary usually relates to someone who receives benefits from a trust or will and does not pertain to property transfer directly. Understanding these distinctions is essential for navigating real estate terminology and ensuring clear communication in property transactions.