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Prorated between Grantors and Grantees as of the Date Form

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Prorated between Grantors and Grantees as of the Date Form

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Because the society takes a step away from in-office work, the completion of documents increasingly takes place electronically. The prorated between grantors and grantees as of the date form isn’t an exception. Working with it using electronic means differs from doing this in the physical world.

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hi this is Dave at titlesearch.com on a typical real estate document such as a lean or mortgage or a deed you'll see the parties on that document identified as either grantor or grantee so what does that mean well a grantour is simply a property granting away rights in that property and a grantee is a person or entity receiving rights to a property so to use the example of a property deed the grantor is the seller of that property granting away property rights and the grantee is receiving property rights however at the same time that that property is being sold if the buyer the Grant D is also getting a mortgage loan for that property you'll have a deed and at the closing you'll sign a mortgage well on the mortgage the borrower which is the buyer is actually the grantor because they're granting away property rights to the mortgage company so on the same transaction two pieces of paper right next to each other a deed and a mortgage if Joe Smith is buying

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