In Spanish law. The tax paid by the possessor of land held by quit-rent or emphyteusis to the owner of the estate, when the tenant alienates his right in the property. Escriche. … [Read more...] about LAUDEMEO
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LAST WILL AND TESTAMENT
An old term used for will which determines who shall inherit one's property, manage the affairs of the estate and care for one's surviving children. … [Read more...] about LAST WILL AND TESTAMENT
LATIMER
A word used by Lord Coke In the sense of an interpreter. 2 Inst 515. Supposed to be a corruption of the French "latinier," or "Miner." Cowell; Blount … [Read more...] about LATIMER
LAUDEMIUM
Lat. In the ciil law. a sum paid by a new emphyteuta (q. v.) who acquires the emphyteusis, not as heir, but as a singular successor, whether by gift, devise, exchange, or sale. It was a sum equal to the fiftieth part of the purchase money, paid to the dominus or proprietor for his acceptance 'of the new emphyteuta. Mackeld. Rom. Law, S 328. Called, in old English law, … [Read more...] about LAUDEMIUM
LASTAGE
A custom exacted In some fairs and markets to carry things bought whither one will. But it is more accurately taken for the ballast or lading of a ship. Also custom paid for wares sold by the last as herrings, pitch, etc. Wharton. … [Read more...] about LASTAGE
