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Meaning of hereditary lease
A hereditary lease refers to a type of lease that can be passed down to heirs or successors.
Etymology of hereditary lease
The word "hereditary" comes from the Latin "hereditarius," meaning "relating to inheritance."
The word "lease" comes from the Old English "lēas," meaning "rental" or "tenure."
The concept of hereditary leases has been around for centuries, with historical examples found in medieval Europe and ancient Rome.
Synonyms
inheritance lease
heritable lease
leasehold estate
hereditary tenure
ancestral lease
family lease
long-term lease
perpetual lease
renewable lease
inheritable property
heritable property
ancestral property
family property
inherited estate
estate lease
lease agreement
rental agreement
tenancy agreement
property lease
hereditary agreement
heritable agreement
inheritable agreement
family agreement
long-term agreement
perpetual agreement
renewable agreement
Definitions
- A hereditary lease is a lease that is inheritable, meaning it can be passed down to the lessee's heirs or successors.
- It is a type of leasehold estate that is transferable to future generations.
- The lease is typically long-term or perpetual, and the terms of the lease are binding on the heirs or successors.
Usage Examples
- The family had held the hereditary lease on the land for generations, and it was now being passed down to the youngest son.
- The hereditary lease on the property was renewable every 100 years, and the current lessee was negotiating the terms of the renewal.
- The ancestral home was held under a hereditary lease, and the family was determined to keep it in their possession.
Antonyms
non-hereditary lease
non-inheritable lease
short-term lease
temporary lease
non-renewable lease
terminable lease
revocable lease
cancellable lease
non-transferable lease
personal lease
individual lease
sole lease
non-assignable lease
non-sublettable lease