Tag Archive | "Property Rights"

Allodial Title on Land – You Wish You Had This

An allodial title constitutes ownership of real property that is independent to any superior power. In the Middle Ages, allodial titles were sometimes granted: these people obtained land without feudal duties (i.e. taxes). Here is the definition of ‘allodial’ in Black’s Law Dictionary. “Land held absolutely in one’s own right, and not of any lord […]

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