Excerpt from A Treatise on the Law of Renewals in Respect to Leases for Lives Renewable for Ever in Ireland, With the Cases and Decisions Thereon: Including an Extensive Report of the Important and Heretofore Unpublished Case of Fitzsimon V. Burton; Also the Cases in Respect to the Renewals of Ecclesiastical Leases in Ireland, With Tables for the Calculation of Fines A Lease for lives renewable for ever is a tenure in a great measure peculiar to Ireland. The nature of this tenure is better expressed by the phrase so usual in this country, namely, "a lease for lives, with a clause of perpetual renewal." It is not a fee, because a fee is the entire estate; whereas in this case the estate is divided and the fee remains in the landlord, with the accompanying right to rent and fines: neither is it a fee-farm, because in that case the fee is in the tenant; but it resembles a fee in duration, because it is a continuing freehold; and it depends on the tenant himself, by the performance of his covenants, to make it a freehold for ever, or what is termed "a perpetuity." When the rent is low, and the fine nominal, this tenure will resemble a fee, not only in duration, but value also. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.
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