EE OO Terms Flashcards by Tanisha Hayes

Q

One who makes an assignment.

A

Assignor

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Q

One who receives an assignment

A

Assignee

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Q

The party who is condemning property.

A

Condemnor

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Q

The party whose property is being condemned

A

Condemnee

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Q

One who makes a devise; a testator

A

Devisor

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Q

One who receives a devise

A

Devisee

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Q

A giver of a gift

A

Donor

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Q

A receiver of a gift

A

Donee

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Q

One who makes a conveyance; the seller

A

Grantor

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Q

One who receives a conveyance; the buyer

A

Grantee

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Q

Landlord

A

Lessor

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Q

Tenant

A

Lessee

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Q

One who grants a license

A

Licensor

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Q

One who receives a license

A

Licensee

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Q

One who holds a lien against another’s property

A

Lienor

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Q

One who receives and has a lien against his property

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A

Lienee

Q

One who gives a mortgage; the borrower

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A

Mortgagor

Q

One who receives a mortgage pledge; the lender

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A

Mortgagee

Q

One who obligates himself; a borrower

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A

Obligor

Q

One to whom an obligation is made; a lender

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A

Obligee

Q

One who makes an offer

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A

Offeror

Q

One who receives an offer

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A

Offeree

Q

One who grants an option; a prospective seller

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A

Optioner

Q

One who receives an option; a prospective buyer

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A

Optionee

One who creates a trust

Trustor

One who receives a trust obligation and works on behalf of the trustor.

Trustee

Seller

Vendor

Buyer

Vendee