Home > Terms > English, UK (UE) > Proprietary deed

Proprietary deed

The concept of ownership in which an owner of property has the right to keep it whether or not it is being used or actively possessed. For instance, an individual may own several houses or land and never use them. In addition, the owner has the right to pass the property on to descendents or to others chosen by the owner. In fact, ownership is not always absolute in large-scale societies today. In the united states, for instance, ownership may be forfeited to the government under certain circumstances (e.g., eminent domain, failure to pay taxes, or use in the commission of a felony). See usufruct.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Health care Category: Diseases

Tarantism

An uncontrollable urge to dance; a mania characterised by an uncontrollable impulse to dance, especially prevalent in southern Italy from the 15th to ...

Contributor

Featured blossaries

Linguistics

Category: Languages   1 10 Terms

Discworld Books

Category: Literature   4 20 Terms