Retention of Improvements

Most standard conveyance forms include an improvement retention clause. Excluding bisected improvements, each improvement retained by the owner is listed in this clause. If no improvement is retained, the clause is stricken or the word “none” (or the words “not applicable”) is inserted to confirm that there is no oversight in deed preparation. If a conveyance form doesn't contain a retention clause and improvements are retained, then a retention clause is to be inserted. The retention clause is repeated in the Memorandum of Agreement (MOA). When there is a combination of retained improvements and retained bisected improvements, the appropriate bisection clauses are added to the instrument. Bisected improvements are not listed in the form's printed segment that shows the normal retention clause for retained improvements.