Legal Definitions - lie in grant

Definition: Lie in grant is a legal term used to describe the passing of incorporeal hereditaments (such as rights or privileges) through a deed or charter without the need for a formal ceremony of livery of seisin.

Example: A common example of lie in grant is the transfer of a patent or trademark from one person to another. Instead of physically handing over the patent or trademark, the transfer can be made through a legal document, such as a deed or charter.

Explanation: This means that the transfer of the patent or trademark is legally recognized without the need for a physical exchange or ceremony. The new owner can take possession of the patent or trademark without any further action required.