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Feudal duties were the set of reciprocal financial, military and legal obligations among the warrior nobility in a feudal system. [1] These duties developed in both Europe and Japan with the decentralisation of empire and due to lack of monetary liquidity, as groups of warriors took over the social, political, judicial, and economic spheres of the territory they controlled. [2]
Under the English feudal system several different forms of land tenure existed, each effectively a contract with differing rights and duties attached thereto. Such tenures could be either free-hold if they were hereditable or perpetual or non-free if they terminated on the tenant's death or at an earlier specified period.
The term feoffment derives from a conflation of fee with off (meaning away), i.e. it expresses the concept of alienation of the fee, in the sense of a complete giving away of the ownership. The medieval English law of property was based on the concept of transferring ownership by delivery: easy to do with a horse, but impossible with land, i.e ...
Personal property coverage: This coverage makes up a large portion of your homeowners insurance and is designed to replace your home’s contents after a covered peril, including clothing ...
Dominium directum et utile is composed of: [2] [3] [4]. Dominium directum (or eminent domain, superiority): the landlord's estate consisting of the right to dispose of property and to collect rents (feu-duty) and feudal incidents (fees, services, etc.) accruing from it.
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
Your personal property coverage is determined by your coverage limits and whether you choose actual cash value (ACV) or replacement cost value (RCV) coverage. Standard home policies include ...
The fees were often lands, land revenue or revenue-producing real property, typically known as fiefs or fiefdoms. [4] Over the ages and depending on the region a broad variety of customs did develop based on the same legal principle. [5] [6] The famous Magna Carta for instance was a legal contract based on the medieval system of land tenure.