fee-farm

fee-farm
A species of tenure, where land is held of another in perpetuity at a yearly rent, without fealty, homage, or other services than such as are specially comprised in the feoffment. It corresponds very nearly to the "emphyteusis" of the Roman law.
Fealty, however, was incident to a holding in fee-farm, according to some authors. Fee-farm is where an estate in fee is granted subject to a rent in fee of at least one-fourth of the value of the lands at the time of its reservation. Such rent appears to be called "fee-farm" because a grant of lands reserving so considerable a rent is indeed only letting lands to farm in fee-simple, instead of the usual method of life or years.
Fee-farms are lands held in fee to render for them annually the true value, or more or less; so called because a farm rent is reserved upon a grant in fee. Such estates are estates of inheritance. They are classed among estates in fee-simple. No reversionary interest remains in the lessor, and they are therefore subject to the operation of the legal principles which forbid restraints upon alienation in all cases where no feudal relation exists between grantor and grantee

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • Fee farm — Fee Fee (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting… …   The Collaborative International Dictionary of English

  • fee-farm — feeˈ farm noun (Shakespeare) Tenure by fee simple at a fixed rent without services • • • Main Entry: ↑fee …   Useful english dictionary

  • fee-farm — A species of tenure, where land is held of another in perpetuity at a yearly rent, without fealty, homage, or other services than such as are specially comprised in the feoffment. It corresponds very nearly to the emphyteusis of the Roman law.… …   Black's law dictionary

  • Fee farm rent — Fee Fee (f[=e]), n. [OE. fe, feh, feoh, cattle, property, money, fief, AS. feoh cattle, property, money; the senses of property, money, arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting… …   The Collaborative International Dictionary of English

  • fee-farm rent — The rent reserved on granting a feefarm. It might be one fourth or one third the value of the land. Fee farm rent is a rent charge issuing out of an estate in fee; a perpetual rent reserved on a conveyance in fee simple …   Black's law dictionary

  • fee-farm rent — The rent reserved on granting a feefarm. It might be one fourth or one third the value of the land. Fee farm rent is a rent charge issuing out of an estate in fee; a perpetual rent reserved on a conveyance in fee simple …   Black's law dictionary

  • fee farm rent — The rent reserved in letting a fee farm. See rent charge …   Ballentine's law dictionary

  • fee farm — noun Etymology: Middle English fee ferme, from Anglo French fé ferme, from Old French fé fee, fief + ferme lease more at fee II, farm II : land held of another in fee simple subject to a perpetual fixed rent without homage, fealty, or any other… …   Useful english dictionary

  • fee farm — A letting of lands to farm in fee simple, instead of the usual methods for life or years. See 2 Bl Comm 43. See rent charge …   Ballentine's law dictionary

  • Fee-Farm — See: Farm …   Medieval glossary

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