Habendum Clause
Definition of 'Habendum Clause'A section in a real estate contract that transfers ownership of a property with no restrictions. The new owner has absolute ownership of the property and has the right to sell it, bequeath it to an heir, and so on. Because the clause begins with the phrase, "To have and to hold," the habendum clause is sometimes called the "to have and to hold clause." |
|
Investopedia explains 'Habendum Clause'The type of property title transferred using a habendum clause is called "fee simple absolute." A fee simple absolute grants complete ownership of a property, subject to government laws and powers. |
Related Definitions
Articles Of Interest
-
Will Your Home Sale Leave You With Tax Shock?
Learn how the newest tax laws apply to the proceeds you earn. -
A Tax Primer For Homeowners
Go beyond interest and find out how mortgage points affect your taxable income. -
Mortgage Points: What's The Point?
Learn how to pay less for your home in the long run, or save in the short run. -
Profit On Your Home's Price - Even If It's Falling
These investment vehicles can protect you - and even help you profit - when the real estate market falls. -
Option ARMs: American Dream Or Mortgage Nightmare?
Option adjustable rate mortgages could make or break your home-buying experience. -
Investing In REITs Instead Of Property
Learn why this one particular REIT is a better investment than holding physical property in your retirement portfolio. -
Should You Add A Securities License To Your Qualifications?
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it. -
There Are New REITs On The Horizon
For investors, the surge in new REIT activity is providing some pretty interesting dividend opportunities. -
The Best Way To Buy Silver
Discover whether ETFs or physical bullion is the best way for investors to get exposure to silver. -
The Riskiest Investment Moves for Retirement That Could Pay Off
Before incurring additional risks in your retirement portfolio, be sure to understand the alternatives and the consequences of your strategy.
Free Annual Reports