Incorporeal hereditaments, such as manors, commons, rentcharges and other property of a like nature existing in gross and apart from the ownership of corporeal property, may be the subject of a mortgage; but only such incorporeal hereditaments as can exist at law1 can be the subject of a legal mortgage. The mortgage is in the same form, so far as applicable, as in the case of other hereditaments2, and if it is a legal mortgage it must be by deed3. The only profitable parts of a manor which may now exist are mining rights, franchises and sporting rights preserved
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234