Grantee
What it is:
In the legal world, a grantee is a person who receives something.
How it works (Example):
In real estate, a grantee is a person who receives property after a sale or other transfer of title. In business, a grantee could be a person who receives a stock option grant. The idea is that the grantee receives something from another person, often called the grantor.
Why it Matters:
Grantees receive title and claim to assets of all kinds: stock options, real estate, or the legal use of some sort of asset. In contracts and other agreements, it is important to understand who exactly the grantee is.
