Grantee beneficiary definition

Grantee beneficiary means one or more persons or entities capable of holding title to real property designated in a beneficiary deed to receive an interest in real property upon the death of the owner. "Grantee-beneficiary" includes, but is not limited to, a successor grantee-beneficiary.
Grantee beneficiary or "grantee" means the person to whom an owner grants an interest in the real property that is the subject of the beneficiary deed.

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