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Simple English definitions for legal terms
feu
Read a random definition: double-entry bookkeeping
A quick definition of feu:
FEU: Feu is a type of agreement where someone is given the right to use a piece of land in exchange for doing something for the person who owns the land. In Scotland, it used to be common for people to pay money, crops, or do services for the land they used. This type of agreement was called a feu. Sometimes, the agreement was for a long time and the person using the land had to pay a fixed amount of money every year. This was called a perpetual lease. The word feu comes from the Latin word feudum, which means a fee.
A more thorough explanation:
Definition: Feu (fyoo) is a legal term that refers to a right to land given to a person in exchange for a service to be performed. It is also a type of land tenure in Scots law where a vassal holds land in return for an annual payment in money, crops, or services called feu duty. Feu can also mean a perpetual grant of land to be held in exchange for grain or money, a perpetual lease for a fixed rent, or a piece of land held under a perpetual lease for a fixed rent.
Examples:
- A farmer is granted the right to use a piece of land in exchange for providing a portion of their crops to the landowner each year.
- A vassal holds land from a superior in return for an annual payment of money or services.
- A landowner grants a perpetual lease to a tenant for a fixed rent.
These examples illustrate how feu is a legal arrangement where a person is granted the right to use land in exchange for a service or payment. It was commonly used in Scotland as a type of land tenure, but it has been abolished in modern times.