reservation


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Reservation

A clause in a deed of real property whereby the grantor, one who transfers property, creates and retains for the grantor some right or interest in the estate granted, such as rent or an Easement ,a right of use over the land of another. A large tract of land that is withdrawn by public authority from sale or settlement and appropriated to specific public uses, such as parks or military posts. A tract of land under the control of the Bureau of Indian Affairs to which an American Indian tribe retains its original title to ownership, or that has been set aside from the public domain for use by a tribe.

Cross-references

Native American Rights.

reservation

n. a provision in a deed which keeps (reserves) to the grantor some right or portion of the property. The language might read: "Sarah Sims reserves to herself an easement of access to lots 6, 7 and 8," or "reserves mineral rights," or "except she reserves lot 5." (See: reserve)

reservation

(Condition), noun condition, exceptio, exception, exemption, limitation, provision, proviso, requisite, restriction, salvo, saving clause, stipulation
Associated concepts: conditional contracts, reservation connained in acceptance, reservation contained in grant, reserration in deed, reservation in insurance policy

reservation

(Engagement), noun booking, promise to set aside, registration, retaining, retention, saving, withholding
Associated concepts: reservation of interest, reservation of life estate, reservation of rights, reservation of title
Foreign phrases: Quod sub certa forma concessum vel reservatum est non trahitur ad valorem vel compensaaionem.That which is granted or reserved under a certain form, cannot be twisted into a valuation or compensation.
See also: adjournment, choice, clause, condition, doubt, indecision, limitation, misgiving, modification, objection, provision, qualification, registration, restriction, retention, salvo, selection

reservation

a right or interest retained by the grantor in property granted, conveyed, leased, etc., to another.

RESERVATION, contracts. That part of a deed or other instrument which reserves a thing not in esse at the time of the grant, but newly created. 2 Hill. Ab. 359; 3 Pick. R. 272; It differs from an exception. (q.v.) See 4 Vern. 622; Brayt. R. 230; 9 John. R. 73; 20 John, R. 87; 3 Ridg. P. C. 402; Co. Litt. 43 a; 2 Tho Co. Litt. 412

References in periodicals archive ?
He said the declaration of new mineral reservation areas would enable the government to convert land areas and waive permits, such as local government endorsements and environment impact assessments.
The response from the Congress has been positive with Siddharth Patel, the senior-most Patel leader in Congress' Gujarat state unit, saying the party's legal team was working on a strategy by which it can give Patidars reservations.
BJP sources said the leadership is also unhappy with Verma and Sirsa pressing for reservation. They said Tiwari was also discussing the matter with central leaders.
The party had promised 12 per cent reservation each for the backward sections of Muslims and the scheduled tribes on the basis of their population in the state after bifurcation of Andhra Pradesh.
We have all seen reservation of rights letters that set forth a brief factual summary of the claim, followed by several pages of policy language -- some completely irrelevant -- and then a concluding statement that, voila, the insurer reserves its rights.
Karayal said families are setting aside a certain budget each year for vacations, and that trip insurance options are mitigating suspicions customers have about making reservations online.
He calls upon his mother and her experiences as a tribal court judge, his father and his time working for the federal government, and a tribal police officer at Red Lake reservation, among others.
Version 9.0 offers a more intuitive view of reservations across shifts, more availability for large parties booking reservations, greater control over turn times for individual parties, deeper integration with the restaurant's POS system and increased content customization for diner confirmation emails.
Plan and organize a system to seat guests who come into the restaurant with a reservation.
The Pend d'Oreille are also on the Flathead Reservation, in fact they were already living on this land at the time the treaty was signed.
His topic is "Reinventing Real Estate: The Repositioning of Manhattan's Wien & Helmsley Portfolio." Call Aracelis Kuilan at (212) 885-7239 to secure your reservation. You can also fax her at (212) 697-5076, or e-mail akuilan@bdo.com.
"The new reservation pages are easier to use to make and change reservations," said Jerry Harvin, central reservation center manager.