what does the habendum clause in a deed indicate?
Habendum Clause. Definition of Habendum clause. The clause in a deed beginning with the words  to have and to hold limiting or defining the ownership nature of the estate in the property granted by the deed. Declares the type of ownership conveyed whether it is fee simple or a life estate or some other interest.
Petropedia explains Habendum Clause. A Habendum Clause is one of the important clauses in the real estate property and in oil and gas lease business. This clause defines the types of interests and the rights that a grantee or a lessee can enjoy on a piece of land.