The grantor-grantee index is a system used by title companies, real estate lawyers, and other legal professionals to search for property records. On its face, it may seem like a dull legal term but its implications are significant, whether you are a business professional, real estate investor, lawyer, or otherwise.
At the most basic level, the grantor-grantee index is a database of records maintained by a county or other government entity. Each record contains the name of the grantor (the person transferring a piece of property) and the name of the grantee (the person receiving the property). It also includes other information like the date of the transfer and the type of transfer that occurred.
By searching the grantor-grantee index, title companies can quickly and accurately identify a property’s ownership history, which is valuable information for clients involved in real estate transactions. It can also be beneficial in personal situations since there have been cases where someone was unaware that they owned a property due to complicated transfers or forgotten paperwork.
It is also an important tool used by lawyers and other professionals to ensure that procedures for transferring property are properly followed. For example, if a grantor improperly conveys a piece of property without the required documentation, the grantee shown in the grantor-grantee index may not be the rightful owner or may not even be aware that the property was transferred to them.
Making Sense of Your Grantor-Grantee Index Questions
Whether you are an experienced professional investigating a title or a novice trying to understand a legal concept, the grantor-grantee index is an important but often overlooked facet of property transfers. When researching a piece of property, it’s important to pay careful attention to any entries contained in a grantor-grantee index in order to gain a full understanding of ownership and title.
If you’re just getting started or need help understanding a specific legal concept, talking to a real estate attorney can be a valuable resource. They will be equipped with the knowledge to provide you with the most up-to- date information regarding your grantor-grantee index questions.