Webster's Online Dictionary
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Specialty Expressions: HABENDUM CLAUSE

ExpressionsDomainDefinition
Habendum clauseFinanceLatin for "to have and to hold." The clause is written into deeds and mortgages to define the transfer of the subject property. It reads: "To have and hold the premises herein granted unto the party of the second part (the grantee), his heirs and the assigns forever." (references)

Source: compiled by the editor from various references; see credits.

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