Assertion: estate | /r/HasProperty | freehold
Facets:
Source sentences:
text: Operative part Operative clause – vendor gives effect to the contract of sale by conveying his interest in land to the purchaser Parcels clause – clause detailing the location and description of the property being conveyed Habendum – clause indicating the estate (freehold, etc.) or interest to be taken by the grantee  Tenendum – "to have and to hold", formerly referring to the tenure by which the estate granted was to be held, though now completely symbolic Reddendum – reserves something to grantor out of thing granted, such as rent, under the formula "yielding and paying".