- Quit-rent
Quit rent or Quit-rent is a form of levy or land tax imposed on
freehold orlease d land by a higher landowning authority, usuallygovernment or itsassigns .Under
feudal law, the payment of quit rent freed thetenant of a holding from the obligation to perform such other services as were obligatory under feudal tenure. In post-feudal times, quit rents have continued to be imposed by some governments, usually attached to land grants as a form of land tax.The quit rent system was used frequently by colonial governments in the
British empire . Many land grants incolonial America in the seventeenth and eighteenth centuries carried quit rent. Quit rents went on to be used in British colonies inAsia and elsewhere in the nineteenth and twentieth centuries.Some governments have now abolished the quit rent system and relieved those with a nominal quit rent obligation from the requirement to pay it, replacing quit rents with a uniform system of
land tax . However in other countries, such asMalaysia , quit rent remains an important means of raising revenue from landowners.ee also
*Quit Rents ceremony
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