hard · National Real Estate Exam
A deed contains a 'habendum clause.' What is the primary function of this clause?
- To define the extent of the ownership interest being conveyed, such as a fee simple or a life estate.
- To list all liens and encumbrances currently affecting the property.
- To warrant that the grantor has the power to convey the title.
- To provide a legal description of the land using metes and bounds.
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