Tennessee Realtor State Practice Exam

When a property is sold with a general warranty deed, who is considered the grantee?

1. Seller

2. Grantee

3. Buyer

4. Title Company

The correct answer is: Buyer

In the context of real estate transactions, a general warranty deed is a legal document that conveys the ownership of property from the seller (grantor) to the buyer (grantee). The grantee is the individual or entity that receives the title to the property. In this scenario, since the property is being sold and ownership is being transferred, the buyer is the party who is receiving that title and therefore is identified as the grantee. The role of the grantee is significant because they hold the rights to the property and are entitled to defend those rights against any claims that may arise, as the general warranty deed provides the highest level of protection to the buyer. This protection includes warranties that the seller has good title to the property and that there are no undisclosed encumbrances. Consequently, identifying the buyer as the grantee is crucial in understanding the responsibilities and protections associated with the transfer of property ownership. Understanding this distinction helps clarify the roles within real estate transactions and emphasizes the legal significance of the deed utilized in the sale.