GRANDFATHER CLAUSE when a law is changed or a new law is passed, those whose specific activity was legal under the previous law are often allowed to continue, by virtue of this provision. Example: All real estate BROKERS are allowed to continue to practice as brokers after licensure requirements increase. The new law affects only new LICENSEES; old licensees are grandfathered.
GRANT a technical term used in deeds of CONVEYANCE of property to indicate a transfer. Example: In a DEED, Abel grants his land to his daughter in FEE SIMPLE.