Final answer:
The habendum clause in a deed defines the ownership taken by the grantee and outlines the extent of the interest being granted, sometimes including any restrictions, while the Takings Clause is related to government expropriation.
Step-by-step explanation:
The clause in a deed that defines the ownership taken by the grantee and clarifies the purpose of the deed is known as habendum clause. This clause typically outlines the extent of the interest being granted to the grantee and any restrictions that may apply to the transfer of property. On the other hand, restrictive covenants are provisions found in a deed that limit the use of the property and prohibit certain uses.
The habendum clause is accompanied by other clauses such as granting clause, which actually conveys the property, and the Takings Clause, found in the Fifth Amendment, dealing with the government's right to expropriate private property for public use under the concept of eminent domain, provided there is just compensation.