Base fee

Base fee

In law, a base fee is a freehold estate of inheritance which is limited or qualified by the existence of certain conditions. In modern property law the commonest example of a base fee is an estate created by a tenant in tail, not in possession, who bars the entail without the consent of the protector of the settlement. Though he bars his own issue, he cannot bar any remainder or reversion, and the estate ("i.e." the "base fee") thus created is determinable on the failure of his issue in tail.

An example of this kind of estate was introduced by George Eliot into the plot of "Felix Holt". Another example of a base fee is an estate descendible to heirs general, but terminable on an uncertain event; for example, a grant of land to A and his heirs, tenants of the manor of Dale. The estate terminates whenever the prescribed qualification ceases. An early meaning of base fee was an estate held not by free or military service, but by base service, "i.e." at the will of the lord.

References

*1911


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Base fee — Base Base (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs.… …   The Collaborative International Dictionary of English

  • base fee — An interest in real property that has the potential to last forever, provided a specific contingency does not occur. Dictionary from West s Encyclopedia of American Law. 2005. base fee An interest in real pro …   Law dictionary

  • base fee — noun or base fee simple Etymology: base (III) 1. : a determinable fee; broadly : a defeasible fee simple estate (as a conditional fee) 2. obsolet …   Useful english dictionary

  • base fee simple — noun see base fee …   Useful english dictionary

  • base fee — An estate in real property which has the possibility of enduring forever but which may be determined and put to an end without the aid of a conveyance by some act or event circumscribing its continuance or extent. An estate limited to a person… …   Ballentine's law dictionary

  • Base — (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs. [Archaic]… …   The Collaborative International Dictionary of English

  • Base metal — Base Base (b[=a]s), a. [OE. bass, F. bas, low, fr. LL. bassus thick, fat, short, humble; cf. L. Bassus, a proper name, and W. bas shallow. Cf. {Bass} a part in music.] 1. Of little, or less than the usual, height; of low growth; as, base shrubs.… …   The Collaborative International Dictionary of English

  • fee — n [Middle English, fief, from Old French fé fief, ultimately from a Germanic word akin to Old High German fehu cattle] 1: an inheritable freehold estate in real property; esp: fee simple compare leasehold; life estate at estate …   Law dictionary

  • 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 of… …   The Collaborative International Dictionary of English

  • Fee estate — 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

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”