Reservation
Term · Law · MLC-T-LAW-004265
A clause in a deed or other legal instrument that creates a new right or interest in favor of the grantor out of the property granted. It typically withholds a specific part of the property or a particular right from the conveyance. For example, a grantor might reserve an easement across the land being sold.
| Identifier | MLC-T-LAW-004265 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004265",
"term": "Reservation",
"field": "Law",
"definition": "A clause in a deed or other legal instrument that creates a new right or interest in favor of the grantor out of the property granted. It typically withholds a specific part of the property or a particular right from the conveyance. For example, a grantor might reserve an easement across the land being sold.",
"url": "https://mlchart.com/terminology/law/reservation/"
}
Record 4,325 of 5,441 in Law terminology (MLC-0107). Request the full dataset.