| GIFT
DEED |
A deed for which the consideration is love
and affection and where there is no material consideration.
|
| GRANT
|
A technical term made use of in deed of
conveyance of lands to import a transfer. |
|
GRANTEE |
The purchaser: a person to whom a grant is
made. |
|
GRANTOR |
The seller of property: one who signs the
deed. |
| GROSS
INCOME |
Total income from property before any
expenses are deducted. |
| GROUND
RENT |
Earnings of improve property credited to
the earnings of the ground itself after allowances is made for
earning of improvements; often termed economic rent. |