What Do U Mean by Habendum?
Legal Definition of Habendum: the Part of a Deed That Limits and Defines an Estate of Ownership Granted and Sometimes the Type of Tenancy by Which the Estate...
What is a Habendum in law?
A habendum clause is a clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. In a deed, a habendum clause usually begins with the words "to have and to hold".
Where does a habendum clause appear?
A habendum clause is a type of clause specifying the interest a person may acquire and enjoy in a property or land. Habendum clauses are typically found in real estate deeds, wills, property-related agreements and leases, particularly the oil and gas leases.