Hereditament refers to any property or assets that can be inherited, transferred, or passed down to heirs upon the death of the owner. This term is commonly used in property law to encompass various types of real and personal property, including land, buildings, fixtures, easements, and other tangible or intangible assets. Hereditaments are subject to the laws of succession and inheritance, which dictate how they are transferred or distributed among beneficiaries. Understanding the nature and classification of hereditaments is essential for estate planning, probate proceedings, and the administration of trusts and wills.
Any property (real or personal or mixed) that can be inherited.
n. any kind of property which can be inherited. This is old-fashioned language still found in some wills and deeds.
- Property which can be inherited.
- Inheritance.
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This glossary post was last updated: 29th March, 2024.
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