Which term is used for the individual who makes a grant of property?

Prepare for the North Carolina Certified Paralegal Exam with flashcards and multiple-choice questions featuring hints and explanations. Ensure success on your NCCP Exam!

The term used for the individual who makes a grant of property is "grantor." In legal contexts, a grantor is the person who transfers ownership of property to another party, typically through a deed. This role is pivotal in property transactions, as the grantor provides the legal authority and intent to convey the property rights.

Understanding the function of a grantor is essential in real estate law and estate planning. For instance, in situations involving trusts, the grantor can also define the terms of how the property should be managed or distributed. This distinguishes the grantor's role as a critical entity in the transfer of property.

The other terms, while relevant in different legal contexts, serve distinct functions: a beneficiary is the individual who benefits from the property once it has been granted or placed in a trust; a trustee is the person or entity responsible for managing the trust property for the benefit of the beneficiaries; and a testator is an individual who makes a will to dictate the distribution of their estate upon death. Each of these roles pertains to property and estate management but does not specifically refer to the individual who grants property, which is why "grantor" is the appropriate term in this context.

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