exception in deed

exception in deed
A statement in a deed transferring real estate, reserving certain rights —for example, mineral rights or a life estate — to the transferor.
Category: Real Estate & Rental Property → Buying a House
Category: Real Estate & Rental Property → Selling a House

Nolo’s Plain-English Law Dictionary. . 2009.

exception in deed
n.
   a notation in a deed of title to real property which states that certain interests, such as easements, mineral rights or a life estate, are not included in the transfer (conveyance) of title.

Law dictionary. . 2013.

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