“Habendum” is a Latin word commonly used in legal documents, especially in real estate contracts and deeds. The word itself can be translated to mean “to have” or “to hold.” It typically appears in the “habendum clause,” which defines the duration or extent of an interest or right being granted in the document. For instance, in a real estate deed, the habendum clause might state how long the property interest is being conveyed, such as “To have and to hold for the lifetime of the grantee.”
The clause can also specify any conditions or limitations on the property interest, such as “To have and to hold for as long as the property is used for residential purposes only.” In summary, “habendum” is a legal term used in documents to clarify the duration, extent, or conditions of an interest or right being conveyed, and it is commonly used in the context of real estate contracts and transactions.
