Allodial title

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Details

Allodial title is a concept in some systems of property law. It describes a situation where real property (land, buildings and fixtures) is owned free and clear of any encumbrances, including liens, mortgages and tax obligations. Allodial title is inalienable, in that it cannot be taken by any operation of law for any reason whatsoever. In common legal use, allodial title is used to distinguish absolute ownership of land by individuals from feudal ownership, where property ownership is dependent on relationship to a lord or the sovereign. Webster's first dictionary (1825 ed) says allodium is "land which is absolute property of the owner, real estate held in absolute independence, without being subject to any rent, service, or acknowledgement to a superior. It is thus opposed to feud." True allodial title is rare, with most property ownership in the common law world primarily, the United Kingdom, the United States, Canada, Australia, New Zealand and the Republic of Ireland described more properly as being in fee simple. In particular, land is said to be "held of the Crown" in England and Wales and the Commonwealth realms.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130215392
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • Sprache Englisch
    • Genre Psychologie
    • Größe H16mm x B220mm x T150mm
    • Jahr 2009
    • EAN 9786130215392
    • Format Fachbuch
    • ISBN 978-613-0-21539-2
    • Titel Allodial title
    • Untertitel Real property, Encumbrance, Lien, Mortgage, Tax, Natural and legal rights, Operation of law, Feudalism, Lord, Common law, United Kingdom, United States, Canada, Australia, New Zealand
    • Gewicht 435g
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 472

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