hard · National Real Estate Exam transfer-title

A deed contains a 'habendum clause.' What is the primary function of this clause?

  1. To define the extent of the ownership interest being conveyed, such as a fee simple or a life estate.
  2. To formally list all liens, easements, and other encumbrances currently recorded against the property title.
  3. To formally warrant that the grantor truly holds the full legal power and authority to convey title.
  4. To provide the precise legal description of the parcel of land using metes and bounds.

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