QUESTION $20$

Consider the following excerpt from a sample deed: "The Seller is lawfully seized in fee simple of the above described property, less and except a prior reservation of all oil, gas and mineral rights in the property conveyed." The unjerlined portion of the preceding statement represents which of the following basic requirements of a deed?

habendum clause

exceptions and reservations clause

covenant against encumbrances

recital of consideration

QUESTION $21$