A grantee is the recipient, or beneficiary, of a property. They are assigned to the property by a grantor, or the creator of the trust. Once a transaction is complete, the grantee becomes the owner of the property. Trusts are created for the purposes of gifts, or donations. A beneficiary is another way that someone can own a property, although a beneficiary may receive benefits from the trust, they may not always have ownership interests that are equal to a grantee.

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