G

General Warranty Deed

A deed which conveys not only all the grantor’s interests in and title to the property to the grantee, but also warrants that if the title is defective or has a “cloud” on it (such as mortgage claims, tax liens,…

Graduated-Payment Mortgage (GPM)

A Graduated-Payment Mortgage offers reduced monthly payments early on in the term of the mortgage and larger payments as the term of the mortgage progresses. The idea behind this is that it allows mortgage payments for first-time home buyers to…

Grantee

That party in the deed who is the buyer or recipient.

Grantor

That party in the deed who is the seller or giver.