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Glossary - A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

G

 

GENERAL WARRANTY

A warranty provision in a deed or mortgage or other real estate instrument containing all of the common law items of warranty.  Also known as a full warranty.

GORE

A sliver of land usually of triangular shape between two tracts, resulting from failure of land descriptions to adjoin.

GRANT

A transfer of real estate, between individuals, by deed.  A transfer of real estate from a sovereign by patent or royal decree.

GRANTEE

One to whom a grant is made.

GRANTOR

One who makes a grant.

GUARANTY

An agreement in which a guarantee or assurance of a state of facts or the performance of an objective or obligation is given.

GUARDIAN

A person who is legally responsible for the care and management of the person or property of one who is legally incompetent to manage his own affairs.