EE OO Terms

Question 1

One who makes an assignment.

Answer 1

Assignor

Question 2

One who receives an assignment

Answer 2

Assignee

Question 3

The party who is condemning property.

Answer 3

Condemnor

Question 4

The party whose property is being condemned

Answer 4

Condemnee

Question 5

One who makes a devise; a testator

Answer 5

Devisor

Question 6

One who receives a devise

Answer 6

Devisee

Question 7

A giver of a gift

Answer 7

Donor

Question 8

A receiver of a gift

Answer 8

Donee

Question 9

One who makes a conveyance; the seller

Answer 9

Grantor

Question 10

One who receives a conveyance; the buyer

Answer 10

Grantee

Question 11

Landlord

Answer 11

Lessor

Question 12

Tenant

Answer 12

Lessee

Question 13

One who grants a license

Answer 13

Licensor

Question 14

One who receives a license

Answer 14

Licensee

Question 15

One who holds a lien against another’s property

Answer 15

Lienor

Question 16

One who receives and has a lien against his property

Answer 16

Lienee

Question 17

One who gives a mortgage; the borrower

Answer 17

Mortgagor

Question 18

One who receives a mortgage pledge; the lender

Answer 18

Mortgagee

Question 19

One who obligates himself; a borrower

Answer 19

Obligor

Question 20

One to whom an obligation is made; a lender

Answer 20

Obligee

Question 21

One who makes an offer

Answer 21

Offeror

Question 22

One who receives an offer

Answer 22

Offeree

Question 23

One who grants an option; a prospective seller

Answer 23

Optioner

Question 24

One who receives an option; a prospective buyer

Answer 24

Optionee

Question 25

One who creates a trust

Answer 25

Trustor

Question 26

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

Answer 26

Trustee

Question 27

Seller

Answer 27

Vendor

Question 28

Buyer

Answer 28

Vendee