Which of the following statements about a grantor is true?

The statement that the grantor is the individual transferring title to the property is accurate. In real property transactions, the grantor is defined as the person or entity that conveys the interest in the property to another party, typically referred to as the grantee. This transfer of title can be part of a sale, gift, or other means, but the fundamental role of the grantor is to relinquish their ownership rights to the property.

Although the grantor may or may not receive payment (as seen in gift transactions), their primary function is as the transferor of title. It's also important to note that a grantor does not have to be an individual; it can also be a corporation, partnership, or other legal entity. Therefore, the notion that the grantor is always a corporation is incorrect. Furthermore, a grantor does not need to be a current tenant of the property to transfer title; they could be the owner of the property without currently residing there.