granting clause

granting clause. The words that transfer an interest in a deed or other instrument, esp. an oil-and-gas lease. • In an oil-and-gas lease, the granting clause typically specifies the rights transferred, the uses permitted, and the sub-stances covered by the lease. [Cases: Deeds 28–37; Mines and Minerals 73, 73.

1. C.J.S. Deeds §§ 19, 34–38, 40–42, 44–53; Mines and Minerals§§ 233, 238, 240–246, 265, 291, 442.]

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词条贡献者

译者Susanne，世界顶尖法学院国际税法专业，擅长翻译各种与联邦税务纠纷相关的法律文件。