What term is used for the individual who conveys real property in a transaction?

Prepare for the Georgia Real Estate Pre-Licensing Test with comprehensive flashcards and multiple choice questions, complete with hints and explanations. Set yourself up for success!

The term used for the individual who conveys real property in a transaction is the grantor. The grantor is the party that transfers ownership or an interest in the property to another party, known as the grantee. In real estate transactions, the grantor is typically the seller or the person who currently owns the property and is transferring their rights to it. This transfer is often formalized in a deed, which includes a description of the property and outlines the rights being conveyed.

Understanding this terminology is critical for anyone studying real estate, as it forms the basis for recognizing the roles of parties involved in property transactions. The roles of the other options, while related to real estate, do not specifically describe the individual who conveys property. An agent, for instance, is generally involved in facilitating the transaction on behalf of either the seller or the buyer but does not hold ownership rights. A trustee manages property held in trust for the benefit of another party, without necessarily transferring ownership themselves.

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