Who is referred to as the person that receives a conveyance of real property?

The term that best describes the person who receives a conveyance of real property is the grantee. In real estate transactions, the grantee is the individual or entity to whom the property is being transferred or conveyed. This involves the execution of a deed, which is the legal document that formalizes the transfer of ownership from one party to another.

To provide some context, the grantor is the individual or entity that is transferring the property, while the broker typically refers to a licensed real estate professional who assists in the transaction but does not hold ownership rights in the property itself. The term investor may refer to someone who purchases properties for financial gain, but this does not specifically identify them as the recipient of a property conveyance in the context of a real estate transaction. Thus, the role of the grantee is crucial, as they are the ones receiving legal title to the property.