Habendum Clause - The portion of a deed beginning “to have and to hold,” which usually follows the granting clause, and explains or limits the estate granted.

HARPTA - Hawaii Real Property Tax. An Amount withheld from sale of Hawaii property belonging to a nonresident seller.

Heir - One who succeeds to the estate.

Hereditaments - Every sort of inheritable property whether corporeal, incorporeal, real, personal or mixed.

Highest And Best Use - That use of land, which al the lime of an appraisal is most likely to produce the greatest net return over a given period of time.

Holding Escrow - An arrangement whereby escrow holds the final title documents pursuant to an agreement of sale.

Holdover Tenant - A tenant who remains in possession of a property after expiration of lease term.

Holographic Will - A will written in hand by the person leaving the will and not witnessed.

Homestead - A right given to a householder or head of a family to designate real estate as his homestead and said homestead is exempt, up to a stated amount, from execution by his creditors; a tract of land whose ownership has been established under the provisions of the Homestead Act,

Homogeneous - The same or similar kind, as used in appraising; homogeneity tends to stabilize values in an area.

Horizontal Property Regime - The name once given to the laws pertaining to condominiums in the State of Hawaii; horizontal layers of ownership, now called the Condominium Property Regime.

HulaMae The Hawaii Housing Authority issued tax-exempt revenue bonds to fund a mortgage loan program, offering first-time home buyers interest rates below conventional rates by way of the Housing and Loan Mortgage Act.

Hypothecate - To place property as security; to mortgage.