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Simple English definitions for legal terms
terce land
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A quick definition of terce land:
Term: Terce Land
Definition: Terce land is a type of property that used to exist in Scottish law. It was land that produced money, and if a woman's husband owned it, she had a right to some of the money it made after he died. This was to help support her after her husband passed away.
A more thorough explanation:
Definition: Terce land is a type of income-producing real property that a widow has a financial interest in because it was owned by her late husband. This term is used in Scots law.
Example: If a man owned a farm and passed away, his wife would have a right to a portion of the income generated by the farm. This portion of the farm would be considered terce land.
Explanation: The example illustrates how terce land works in practice. The widow has a financial interest in the property because it was owned by her husband. She is entitled to a portion of the income generated by the property, which can help support her after her husband's death.