An exception is something taken back from the grant of real estate
while a reservation is some part of the estate which is not granted.

Question

Quizplus · Accepted Answer

An exception in real estate refers to a part of the property that is not included in the sale or lease, meaning it is retained by the seller. A reservation, on the other hand, is a right or interest retained by the seller in the property being sold or leased.

An Exception Is Something Taken Back from the Grant of Real