The Habendum Clause Defines or Limits the Type of Interest

question 10

Multiple Choice

The habendum clause defines or limits the type of interest being conveyed. The legal tradition recognizes certain words and phrases as signals of various real property interests. For example, the use of the phrase, "as long as," can communicate which of the following types of interests?

• A) Fee simple absolute
• B) Easement
• C) Conditional Fee with Reverter
• D) Tenancy for Years

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Definitions:

Achieve Target

The act of successfully reaching or accomplishing specific goals or objectives that have been set.

Consensus Decision

A group decision-making process that seeks unanimous agreement among all participants.

Team Members

Individuals who belong to a group working together towards a common goal, sharing responsibilities, and contributing their skills and efforts.

Optimum Achievement

Achieving the best or most favorable outcome within given constraints or conditions.