Define: Grant

In legal contexts, “grant” typically refers to the transfer or conveyance of property, rights, or privileges from one party (the grantor) to another party (the grantee) through a formal and legally recognized process. Grants can take various forms, including deeds, licences, leases, patents, or contracts, and they may involve real property, personal property, intellectual property, or other types of assets. The grantor must have the legal authority to transfer the property or rights being granted, and the grantee must accept the grant in order for it to be valid. Grants often come with certain conditions, limitations, or restrictions specified by the grantor, which may affect the scope, duration, or use of the property or rights being transferred. Additionally, grants may be subject to legal requirements, such as formalities for execution, registration, or recording, depending on the nature of the transaction and the applicable laws. Overall, the concept of grant is fundamental to various areas of law, including property law, contract law, intellectual property law, and government regulations.

1. Funding for a nonprofit organisation, usually for a specific project.
2. To give a right to.
3. Real Estate: The term used to indicate a transfer of property. A person can grant property to another person in a deed.

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March, 2024.