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

Question

Quizplus · Accepted Answer

The use of the phrase "as long as" indicates a conditional fee with reverter, which means that the grantee's ownership of the property is conditional upon meeting certain conditions or uses, and if those conditions are not met, the property reverts back to the grantor.

The Habendum Clause Defines or Limits the Type of Interest