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Privity of estate is a mutual or successive legal relationship to the same right in real property, such as the relationship between a landlord and tenant. [1] Thus, privity of estate refers to the legal relationship that two parties bear when their estates constitute one estate in law.
In English law, subinfeudation is the practice by which tenants, holding land under the king or other superior lord, carved out new and distinct tenures in their turn by sub-letting or alienating a part of their lands. [1] [2] The tenants were termed mesne lords, with regard to those holding from them, the immediate tenant being tenant in capite.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
Software multitenancy is a software architecture in which a single instance of software runs on a server and serves multiple tenants. Systems designed in such manner are "shared" (rather than "dedicated" or "isolated"). A tenant is a group of users who share a common access with specific privileges to the software instance.
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The lords who received land directly from the Crown, or another landowner, in exchange for certain rights and obligations were called tenants-in-chief. They doled out portions of their land to lesser tenants who in turn divided it among even lesser tenants. This process—that of granting subordinate tenancies—is known as subinfeudation.
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 subsidy amount is typically based on the tenant's income, usually the difference between the rent and 30% of the tenant's gross income, but other formulas have been used. [4] According to a 2018 study, major cuts in rental subsidies for poor households in the United Kingdom led to lowered house prices. [5]