What is included in the Habendum Clause?

The Habendum Clause is an essential part of a deed that outlines the specific rights and interests being transferred from the grantor to the grantee. It typically follows the granting clause in a deed and specifies the type of estate or title the grantee will receive, which may include details such as whether it's a fee simple estate, life estate, or leasehold estate. This clause effectively clarifies the extent of ownership and any limitations that may apply to the property.

Understanding the Habendum Clause is crucial because it determines how the property can be used and what rights the new owner has. For instance, if the clause states that the property is conveyed as a fee simple subject to a condition, it indicates that the ownership can be lost if certain conditions aren’t met. This level of detail is important for both buyers and sellers to identify the scope of the property transfer.

By contrast, the other options focus on different aspects of real estate and property transactions. Restrictions on future use, tax obligations, and lists of current property deeds do not directly relate to the purpose and function of the Habendum Clause in conveying ownership rights.