Condensation is the process by which water vapor in the air is changed into liquid water. Condensation is crucial to the water cycle because it is responsible for the formation of clouds.
1 Grantor: the person who sets up the trust. Also sometimes referred to as the trustor, donor, or settlor..  Trustee: the person designated to manage the trust assets. In a Revocable Living Trust, the grantor and the trustee are usually the same person.
A deed, whether a quitclaim deed, grant deed, or warranty deed, includes only two parties, which are the grantor and the grantee. The grantor is the person giving away title, while the grantee is the person receiving title. A trust deed always has three parties: the trustor, the trustee and the beneficiary. The trustor is the borrower under the mortgage loan.