reservation:
1. The establishment of a limiting condition or qualification; especially, a country’s formal declaration, upon signing or ratifying a treaty, that its willingness to become a party to the treaty is conditioned on the modification or amendment of one more provisions of the treaty as applied in its relations with the other parties to the treaty. [1]
1. In one sense a grant by a grantee back to the grantor. Precisely, the creation in behalf of the grantor of a new right issuing out of the thing granted. 23 Am J2d Deeds § 262.
A reservation is to be distinguished from the “exception,” which is part of the thing granted and of something in esse at the time. Winston v Johnson, 42 Mich 398, 401, 54 NW 958. [2]
References:
Disclaimer: All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6
[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
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