EE OO Terms Flashcards

1
Q

One who makes an assignment.

A

Assignor

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2
Q

One who receives an assignment

A

Assignee

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3
Q

The party who is condemning property.

A

Condemnor

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4
Q

The party whose property is being condemned

A

Condemnee

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5
Q

One who makes a devise; a testator

A

Devisor

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6
Q

One who receives a devise

A

Devisee

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7
Q

A giver of a gift

A

Donor

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8
Q

A receiver of a gift

A

Donee

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9
Q

One who makes a conveyance; the seller

A

Grantor

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10
Q

One who receives a conveyance; the buyer

A

Grantee

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11
Q

Landlord

A

Lessor

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12
Q

Tenant

A

Lessee

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13
Q

One who grants a license

A

Licensor

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14
Q

One who receives a license

A

Licensee

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15
Q

One who holds a lien against another’s property

A

Lienor

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16
Q

One who receives and has a lien against his property

A

Lienee

17
Q

One who gives a mortgage; the borrower

A

Mortgagor

18
Q

One who receives a mortgage pledge; the lender

A

Mortgagee

19
Q

One who obligates himself; a borrower

A

Obligor

20
Q

One to whom an obligation is made; a lender

A

Obligee

21
Q

One who makes an offer

A

Offeror

22
Q

One who receives an offer

A

Offeree

23
Q

One who grants an option; a prospective seller

A

Optioner

24
Q

One who receives an option; a prospective buyer

A

Optionee

25
Q

One who creates a trust

A

Trustor

26
Q

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

A

Trustee

27
Q

Seller

A

Vendor

28
Q

Buyer

A

Vendee