GRANT (from A.-Fr. graunter, O. Fr. greanter for creanter, popular Lat. creantare, for credentare, to entrust, Lat. credere, to believe, trust), originally permission, acknowledgment, hence the gift of privileges, rights, etc., specifically in law, the transfer of property by an instrument in writing, termed a deed of grant. According to the old rule of common law, the immediate freehold in corporeal hereditaments lay in livery (see FEOFFMENT), whereas incorporeal hereditaments, such as a reversion, remainder, advowson, etc., lay in grant, that is, passed by the delivery of the deed of conveyance or grant without further ceremony. The distinction between property lying in livery and in grant is now abolished, the Real Property Act 1845 providing that all corporeal tenements and hereditaments shall be transferable as well by grant as by livery (see CONVEYANCING). A grant of personal property is properly termed an assignment or bill of sale.
Note - this article incorporates content from Encyclopaedia Britannica, Eleventh Edition, (1910-1911)