Legal Definitions - firma feodi

Firma Feodi is a type of tenure where land is held in perpetuity at a yearly rent, without any other services than those in the feoffment. It is also known as Fee Farm.

For example, a person may own a piece of land and lease it to another person for a yearly rent. The lease may be for a long period of time, even for perpetuity, but the owner of the land will still receive a yearly rent from the lessee. This type of tenure is called Firma Feodi or Fee Farm.

The term Firma Feodi has its roots in Old English and Norman languages, where the words "feoh" (property) and "feorm" (rent) were used. To hold land in Firma Feodi means to hold it heritably, perpetually, at a rent.