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Transferor

The person from whom title or ownership to property moves; who effects the transfer; he/she who transfers title (eg. sells their home or other property); usually synonymous with vendor or seller.

The transferring party.

Property is transferred from the transferor to the transferee.

I sell you my house and in transferring title to you, I am the transferor and you, the transferee.

The forms used to record sales of real property or land with land title or registration offices or bureaus, will normally be signed at least by the Transferor, as it is this person who is transferring their recorded interest to another.

Here are two examples of the word used in legislation (with emphasis added):


"An instrument to transfer ... an interest in a lot ... must be executed by ... the transferor or the person creating the interest; and ... the transferee or the person in whose favour the interest is to be created."

NSW, Australia, Land Title Act, s. 166,
as of May 17, 2007.

 

"The signature of a transferor on an instrument is proof, in the absence of evidence to the contrary, that the transferor knows the contents of the instrument and has signed it voluntarily, and has the legal capacity to execute the instrument and intends to be bound by it."

BC, Canada, Land Title Act, s. 42(4)
circa 2007


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Unless otherwise noted, this article was written by Lloyd Duhaime, Barrister, Solicitor, Attorney and Lawyer (and Notary Public!). It is not intended to be legal advice and you would be foolhardy to rely on it in respect to any specific situation you or an acquaintance may be facing. In addition, the law changes rapidly and sometimes with little notice so from time to time, an article may not be up to date. Therefore, this is merely legal information designed to educate the reader. If you have a real situation, this information will serve as a good springboard to get legal advice from a lawyer.

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