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Legal Definitions - incorporeal hereditament
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Definition of incorporeal hereditament
Definition:Incorporealhereditament refers to a type of property that does not have a physical existence, such as intellectual property or a right to use a piece of land. It is a legal term used in property law.
Examples:
- Patents, trademarks, and copyrights are examples of incorporeal hereditaments.
- A right of way, which is a legal right to pass through someone else's property, is also an example of an incorporeal hereditament.
These examples illustrate the definition of incorporeal hereditament because they are all types of property that do not have a physical existence. They are intangible and cannot be touched or seen, but they still have value and can be bought, sold, or inherited.
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Simple Definition
An incorporealhereditament is a type of property that does not have a physical form, such as a right or ownership. It is something that can be inherited, possessed, or owned, but it cannot be touched or seen. This type of property is different from tangible property, which is something that can be physically touched or seen, like a car or a house. In the past, the term "in corporibus sed non in quantitatibus" was used to describe property that was separate and distinct, but not estimated in quantities, like animals and equipment.
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