Property Ownership
A NH property owner's deed contains the phrase 'to have and to hold.' This phrase is known as the:
AGranting clause
BHabendum clause, defining the extent of the ownership interest granted✓ Correct
CSeisin covenant
DWarranty clause
Explanation
The habendum clause ('to have and to hold') in a deed defines the extent of the ownership interest being conveyed and the duration of ownership. In a fee simple deed, it confirms that the grantee holds the property in fee simple absolute with all rights of ownership.
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