76-106 Reservation of property; effect. - Nebraska Statutes

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Statutes > Nebraska > Chapter76 > 76-106

76-106. Reservation of property; effect.An otherwise effective reservation of property by the conveyor reserves the interest the conveyor had prior to the conveyance unless an intent to reserve a different interest is effectively manifested. SourceLaws 1941, c. 153, § 6, p. 595; C.S.Supp.,1941, § 76-1006; R.S.1943, § 76-106.AnnotationsAssignment of a vendee's vested equitable interest in land, acquired by land contract, creates a privity of estate between the assignee and the original vendor, but not a privity of contract between them. Beren Corp. v. Spader, 198 Neb. 677, 255 N.W.2d 247 (1977).Extent of reservation of mineral rights was obscure and ambiguous, and required construction of deed. Gettel v. Hester, 165 Neb. 573, 86 N.W.2d 613 (1957).Interest in oil and gas rights was reserved. Elrod v. Heirs of Gifford, 156 Neb. 269, 55 N.W.2d 673 (1952).

State Codes and Statutes

Statutes > Nebraska > Chapter76 > 76-106

76-106. Reservation of property; effect.An otherwise effective reservation of property by the conveyor reserves the interest the conveyor had prior to the conveyance unless an intent to reserve a different interest is effectively manifested. SourceLaws 1941, c. 153, § 6, p. 595; C.S.Supp.,1941, § 76-1006; R.S.1943, § 76-106.AnnotationsAssignment of a vendee's vested equitable interest in land, acquired by land contract, creates a privity of estate between the assignee and the original vendor, but not a privity of contract between them. Beren Corp. v. Spader, 198 Neb. 677, 255 N.W.2d 247 (1977).Extent of reservation of mineral rights was obscure and ambiguous, and required construction of deed. Gettel v. Hester, 165 Neb. 573, 86 N.W.2d 613 (1957).Interest in oil and gas rights was reserved. Elrod v. Heirs of Gifford, 156 Neb. 269, 55 N.W.2d 673 (1952).

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State Codes and Statutes

Statutes > Nebraska > Chapter76 > 76-106

76-106. Reservation of property; effect.An otherwise effective reservation of property by the conveyor reserves the interest the conveyor had prior to the conveyance unless an intent to reserve a different interest is effectively manifested. SourceLaws 1941, c. 153, § 6, p. 595; C.S.Supp.,1941, § 76-1006; R.S.1943, § 76-106.AnnotationsAssignment of a vendee's vested equitable interest in land, acquired by land contract, creates a privity of estate between the assignee and the original vendor, but not a privity of contract between them. Beren Corp. v. Spader, 198 Neb. 677, 255 N.W.2d 247 (1977).Extent of reservation of mineral rights was obscure and ambiguous, and required construction of deed. Gettel v. Hester, 165 Neb. 573, 86 N.W.2d 613 (1957).Interest in oil and gas rights was reserved. Elrod v. Heirs of Gifford, 156 Neb. 269, 55 N.W.2d 673 (1952).