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Most terms and definitions have been provided by:
http://www.homeclosing101.org/news-and-advice/real-estate-glossary/HABENDUM CLAUSE
That part of the deed beginning with the words "to have and to hold," following the granting clause and reaffirming the extent of ownership that the grantor is transferring.
HABITABLE
Being fit to live in. The residential landlord has an obligation to keep the leased premises in a habitable condition.
HEIR
A person who inherits under a will or a person who succeeds to property by the laws of descent and distribution if the decedent dies without a will (intestate).
HOLD HARMLESS CLAUSE
A clause inserted in a contract whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction.
HOMEOWNER'S ASSOCIATION
A non-profit association of homeowners organized pursuant to a declaration of restrictions or protective covenants for a subdivision, a PUD, or a condominium.
HOMESTEAD
A home which is used as a personal residence.
HUD
A federal cabinet department officially known as the Department of Housing and Urban Development.
HYPOTHECATE
To pledge specific real or personal property as security for an obligation, without surrendering possession of it.
