What term describes the person who conveys an interest in realty by deed?

Prepare for the Metro Brokers Exam with flashcards and multiple choice questions. Each question is accompanied by hints and explanations. Get ready for your certification!

The person who conveys an interest in realty by deed is referred to as the grantor. This term specifically identifies the individual or entity transferring their ownership rights to another party. The process involves the grantor executing a deed, which is a legal document that solidifies the transfer of property rights. When a deed is created, the grantor is the one who signs and delivers the deed to the grantee, the person receiving the interest in the property.

Understand that the grantor plays a crucial role in real estate transactions as they are the source of the ownership transfer. This distinction is fundamental in real estate terminology, as it sets the framework for understanding the dynamics between parties involved in property transactions.

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