Good Faith or Mortgage Savings CLAUSA clause in CC & R's which provides that a violation thereof shall not defeat or render invalid the lien of any mortgage or deed of trust made in good faith and for value.
Good Faith Purchaser or Mortgagee:A person who buys or lends in good faith, that is, without notice of any existing problem, where value is paid or lent.
Grant:A transfer of real estate, between individuals, by deed. A transfer of real estate from a sovereign is accomplished by patent or royal decree.
Grantee:See Deed.
Grantor:See Deed.
Grant Deed:One of the many types of deeds used to transfer real property. Contains warranties against prior conveyances or encumbrances. When title insurance is purchased, warranties in a deed are of little practical significance.
Guardian:A person appointed by a court to manage the person and/or property of one who is legally incompetent to handle his/her own affairs.