Question

The portion of a deed that indicates what the grantee will "have and hold" is called:

a. An estoppel clause
b. The fee simple clause
c. The defeasance clause
d. An habendum clause

Answer 1

The portion of a deed indicating what the grantee will 'have and hold' is the habendum clause. It defines the extent of the ownership in the property being granted and may include conditions.

Step-by-step explanation:

The portion of a deed that indicates what the grantee will "have and hold" is referred to as d. An habendum clause. The habendum clause is used in property deeds to define the extent of the ownership in the property being transferred. This clause is traditionally introduced with the phrase "to have and to hold". It is an essential part of a deed, as it clarifies what interest in the property is being granted and may include limitations and conditions.