Definition: A vendee is the buyer in a sale agreement, especially in traditional real estate and land-contract terminology.
Example
The vendee agrees to purchase the parcel from the vendor under a contract for deed.
Keep the distinction clear
Vendee means buyer; vendor means seller. Grantee identifies the recipient of an interest under a deed and can include a recipient who is not buying.
Related terms
Vendor · Grantee · Contract for Deed
Keep studying
Deeds, Abstracts, Title Opinions, and Title Insurance
References: California DRE: real estate glossary
Pronunciation (US): ven-DEE (capitals show stress)
Pronunciation reference: Merriam-Webster
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