What is the role of the person who transfers title to real property in a real estate transaction?

In a real estate transaction, the role of the person who transfers title to real property is that of the grantor. The grantor is the individual or entity that sells or conveys ownership rights of the property to another party, known as the grantee. The grantor’s responsibility includes executing the deed, which is the legal document that formally transfers title from one party to the other. This transfer process is crucial because it signifies the change of ownership and entitles the grantee to the rights associated with the property.

The importance of the grantor's role is further emphasized during the closing process, where necessary documents are signed, and conditions of the sale are finalized. The grantor must also ensure that they have legal ownership or authority to sell the property and must disclose any material facts about the property that could affect its value or desirability.

Other roles mentioned, such as the grantee, broker, or escrow agent, serve different purposes in the transaction. The grantee is the recipient of the title, the broker facilitates the sale and represents one of the parties involved, and the escrow agent manages the funds and documents during the transaction process. Each has distinctive functions but does not carry the responsibility of transferring the title itself.