Final answer:
The correct term for a person who acquires title to real estate among the given options is 'devisee'. A devisee inherits the property through a will, thus acquiring ownership.
Step-by-step explanation:
A person who acquires title to real estate means that they are receiving legal ownership of a property. In the given options:
- a. Vendor - This is a person or company offering something for sale, especially a real estate seller.
- b. Devisee - This person is the recipient of real estate through a will; hence, they acquire title to real estate upon the death of the will's author (testator).
- c. Lessor - This is a person who leases or rents property to another; a landlord.
- d. Grantor - This is a person who transfers the title of property to another person; the grantor does not acquire but instead gives away the title.
Therefore, the one who acquires title to real estate in the context of these options is the devisee.