noun
- a person or entity that transfers property, rights, or assets to another
Usage: legal
Examples
- The transferor must sign the deed to complete the property sale.
- In the contract, the transferor agreed to convey all rights to the buyer.
- The bank acted as transferor when it sold the mortgage to another institution.
- Legal documents must clearly identify both the transferor and transferee.
- The transferor retained certain mineral rights despite selling the land.
- Tax implications may affect the transferor when assets are conveyed.