IV.   Consensus

A Grant is a conditional Gift or Conveyance of Property or Rights, by consent or permission of some authority.

The word Grant is a 9th Century creation under Anglo-Saxon law of the Latin word gratia meaning “grace, favor, kindness, influence, regard”. Hence, a Grant has always implied a grace, favor or kindness from some higher authority to a person in lower authority for the conditional use of some property or rights.

Grant is the proper term used within a valid deed when referring to the first conveyance of real property. A further example is an act evidenced by letters patent under the great seal of an estate, granting something from a general executor to a beneficiary.

A Grant made by an instrument in writing under seal is irrevocable unless an express power of revocation is reserved.