What term is used to describe the part of a deed that defines the extent of ownership being conveyed by the grantor?

The term that describes the part of a deed defining the extent of ownership being conveyed by the grantor is known as the habendum clause. This clause typically follows the granting clause in the deed and specifies the type of interest or estate being transferred. It often includes language such as "to have and to hold" and clarifies whether the property is given in fee simple, for life, or in some other form of ownership. This is crucial as it legally establishes the rights and limits of the new owner in regard to the property.

The granting clause, while it states the intent to convey ownership, does not specifically detail the extent of that ownership. A reservation typically refers to any rights retained by the grantor after the conveyance of property, whereas an easement pertains to a right to use someone else's land for a specific purpose and is not about ownership transfer. Therefore, the habendum clause is key to understanding what rights are being granted to the new owner.