Florida Broker Practice Exam

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Prepare for the Florida Broker Exam. Study with interactive quizzes, flashcards, and multiple choice questions that include hints and explanations. Ace your exam and start your real estate career today!

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Which party to the deed is known as the owner giving title?

Grantor
Grantee
Trustee
Agent

The correct answer is: Grantor

In a deed, the party that is known as the owner giving title is the grantor. The grantor is the individual or entity that transfers ownership of the property to another party. This transfer is legally recognized when the deed is executed. The grantor must have the legal capacity to convey the property, meaning they must be of legal age and sound mind, and they must own the property outright or have the authority to transfer it. On the other hand, the grantee is the recipient of the title and ownership rights to the property; they are not involved in the transfer itself but rather are the party receiving the title from the grantor. The trustee typically refers to a third party that holds the title or property on behalf of the beneficiary in a trust situation, while an agent is someone who acts on behalf of another party, usually in real estate transactions, but does not transfer ownership. Understanding these roles is crucial for anyone studying real estate transactions.