14:18
take it from someone who is actually cooked
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Simple English definitions for legal terms
grantee–grantor index
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A quick definition of grantee–grantor index:
A grantee-grantor index is a list of recorded property transactions kept in the county recorder's office. It is organized alphabetically by the name of the person who received the property (grantee) and includes the volume and page number of the recorded transaction. This index helps people find information about who owns a particular property and the history of its ownership. In some places, the grantee-grantor index is combined with the grantor-grantee index, which lists transactions by the name of the person who sold the property (grantor). Another type of index, called a tract index, lists transactions by the location of the property.
A more thorough explanation:
A grantee-grantor index is a list of recorded property transactions kept in the county recorder's office. It is alphabetically organized by the grantee's name and includes the volume and page number of the recorded property transactions. In some jurisdictions, the grantee-grantor index is combined with the grantor-grantee index.
- John Smith buys a house from Jane Doe. The transaction is recorded in the county recorder's office and listed in the grantee-grantor index under John Smith's name with the volume and page number of the transaction.
- In another example, Mary Johnson sells a piece of land to Robert Brown. The transaction is recorded and listed in the grantee-grantor index under Robert Brown's name with the volume and page number of the transaction.
These examples illustrate how the grantee-grantor index is used to keep track of property transactions and make them easily accessible for future reference.