How to use grantor in a sentence

Looking for sentences and phrases with the word grantor? Here are some examples.

Sentence Examples The death of the grantor whose deed is held in escrow does not invalidate the escrow. He goes on to point out that the grantor may deliver to his own servant, if the grantor makes delivery, intending to make the deed his own deed. There is no right at common law for him to recover the cost against the grantor. In particular, there must be an intention to create legal relations and there must be consideration moving from the grantee to the grantor. The grantor intends to reserve rights over the tenement granted. It is the grantor of the licence I am interested in, not the grantee. The grantee sued the grantor upon his covenant to maintain the road. Following this approach, one single enquiry would suffice to ascertain the extent of the security rights encumbering all assets of a grantor. The concession company will be remunerated by means of an annual royalty paid by the grantor. This would mean a higher tax bill, but it would give the grantor all the money now. If you want to be one of the special few who get ongoing support, begin early to cultivate the grantor. The Restricted Fund records funds for specific purposes other than operations as defined by the grantor. Yet he sees little risk in making gifts of cash and marketable securities or using approved techniques, like grantor retained annuity trusts, to pass money to heirs. For a living trust, the grantor may retain some level of control to the trust, such by appointment as protector under the trust instrument. The other relates to the creation of s. 427 security in that the language of the section permits the bank to acquire only such interest as the grantor of the security has at the time of the granting of the security. In these borderline cases, the characterization of the amount may be left to the grantor to determine based on the primary purpose to the grantor. The share of the provisions corresponding to grantor rights was therefore to be reclassified as capital injections without being subject to corporation tax. Subject to those changes, the Working Group approved the substance of the section of the draft annex dealing with rights of a grantor in the intellectual property to be encumbered. This transaction, which is subject to approval by the concession grantor and to non-exercise by the other Lusoponte concession holders of their pre-emption rights, is expected to be closed by the end of the year. The project company may also have to pay a concession fee to the grantor, and if the project is very profitable, it will have to share the profits with the public authorities. Show More Sentences Another form of free tenure was the spiritual tenure of bishops or monasteries, their sole obligation being to pray for the souls of the grantor and his heirs. Pardons, in contrast, rely exclusively on the whim of the grantor. Thus, a searcher needs to conduct only one search in the general security rights registry against the name or other identifier of the grantor to find competing security rights. In addition, it was observed that, under recommendation 216, the governing law would be that of the State in which the grantor was located at the time a priority conflict arose, rather than two governing laws. A spousal support statute resulted in estate inclusion of a trust with the grantor as cotrustee. In both cases, the assignee of the secured obligation cannot acquire greater rights as against the grantor or as against the encumbered asset than those that could be claimed by the assignor. However, the prevailing view was that it would be sufficient to require that the secured creditor should give notice to the grantor and its other creditors. A qualified terminable interest property trust may be named as a beneficiary when time grantor wants to control the ultimate beneficiary of the retirement benefits. The principal that a grantor cannot establish a spendthrift trust to avoid his own creditors is not found in the laws of many foreign jurisdictions. Examples from Classical Literature The trouble arose where he could not summon the mesne grantor, and the new right was given him for that case alone. An indenture, on the other hand, consists of mutual obligation on the part of grantor and grantee. The covenant for seisin was an assurance to the grantee that the grantor had the estate which he purported to convey. He speaks of the benefit of joinder as derived from the persona of the grantor. The assign could vouch the first grantor only on the principles of succession. This means that the grantor has the legal title and right to possession, which right he conveys to the grantee. Deeds-poll were mere written obligations of the grantor delivered to the grantee, the grantee making no covenants. Hence he could only summon those from whom his grantor derived his title. The grantor covenants that he is lawfully seized of the estate. A mortgage should contain the names of the grantor and the grantee. When this is done and the transaction has been properly structured, the income tax impact to, the HIT and to the grantor should be minimal. The grantor creates the GRAT trust and transfers the business to the trust. When the grantor conveyed, he stated in the deed that he was single. The party creating a trust is called the grantor or settlor. By paying the tax, the grantor is effectively transferring even more assets without gift tax. The income that a trust receives is taxable to the trust, beneficiaries or grantor, depending on the type of trust. This can usually be avoided if the grantor lays out specific investment objectives. In the event that the grantor becomes unable to handle his own affairs during his lifetime, the trust can provide for a successor trustee during the grantor's life. Consider giving the grantor the power to remove and replace the trustee. The basic objective of a GRAT is to shift from the grantor to the remainder beneficiaries the appreciation generated by the contributed property during the GRAT term. Show More Sentences Gould argued that, based on the bankruptcy court's holding, the IRS was collaterally estopped from asserting that he was not the grantor of the liquidating trust. Find more words! 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What is the opposite of grantor? Words that rhyme with grantor What is the plural of grantor? What is the adverb for grantor? What is the adjective for grantor? What is the noun for grantor? Use our Sentence Generator Nearby Words granting grant-in-aid granthi granth granter grantee grantors grant permission grants Grants grants-in-aid grantsmanship 7-letter Words Starting With g gr gra gran grant granto