Real Estate Glossary

Exception

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Richard Wilson
Written by Richard Wilson

This is the exclusion of some part of the site conveyed, with the title of that excepted part stays with the grantor. An example of this is when mineral rights are not transfered to the purchaser of a land, they will remain as the developer’s sole property.

This is the exclusion of some part of the site conveyed, with the title of that excepted part stays with the grantor. An example of this is when mineral rights are not transfered to the purchaser of a land, they will remain as the developer’s sole property.

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Richard Wilson

Richard Wilson

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