Bona vacantia

Bona vacantia

"Bona vacantia" (Latin for "vacant goods") is a common law doctrine in the United Kingdom under which ownerless property passes by law to the Crown. It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures. The body that administers "bona vacantia" varies within the UK:

*In England and Wales, the "Bona Vacantia" division of the Treasury Solicitor's Department of the UK Government is responsible for dealing with "bona vacantia" assets, which are chiefly:
** Treasure trove
** Assets of dissolved companies
** Assets of the estates of those deceased who died intestate and for whom no beneficiaries can be traced.
*In Scotland, "bona vacantia" refers only to the assets of dissolved companies and lost property, which is administered under the Civic Government (Scotland) Act 1982. The separate doctrine of ultimus haerus states that the assets of those who die intestate leaving no other person entitled to inherit pass to the Crown. Both of these rights, together with treasure trove, are administered by the Queen's and Lord Treasurer's Remembrancer, an office held by the Crown Agent, the senior official in the Crown Office and Procurator Fiscal Service (COPFS).
*In Northern Ireland, "bona vacantia" is dealt with by the Crown Solicitor as the Treasury Solicitor's nominee.
*In the Duchies of Cornwall and Lancaster, "bona vacantia" is in favour of the Duchy of Cornwall or the Duchy of Lancaster instead of the Crown, and the administration is dealt with by a firm of solicitors, Farrer and Co.
*In the City of London and Bristol bona vacantia is in favour of the cities' museums.Fact|date=February 2007

External links

* [http://www.bonavacantia.gov.uk/ Bona Vacantia]
* [http://www.treasury-solicitor.gov.uk/ Treasury Solicitor's Department]
* [http://www.crownoffice.gov.uk/ Crown Office & Procurator Fiscal Service]


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Look at other dictionaries:

  • bona vacantia — bo·na va·can·tia / bō nə vā kan shē ə/ n pl [Latin, ownerless goods]: goods that are unclaimed and without an apparent owner it was trash, in the nature of bona vacantia, which the defendants had abandoned United States v. Calise, 217 F. Supp.… …   Law dictionary

  • Bona Vacantia — A legal term for the situation in which property is left without any clear owner. The precise handling of such property varies depending on the jurisdiction. In most cases, the property is held by the government, and may be recovered by rightful… …   Investment dictionary

  • bona vacantia — /bowns vsksnsh(iy)s/ Vacant, unclaimed, or stray goods. Those things in which nobody claims a property, and which belonged, under the common law, to the finder, except in certain instances, when they were the property of the king. 1 Bl.Comm. 298… …   Black's law dictionary

  • bona vacantia — /bowns vsksnsh(iy)s/ Vacant, unclaimed, or stray goods. Those things in which nobody claims a property, and which belonged, under the common law, to the finder, except in certain instances, when they were the property of the king. 1 Bl.Comm. 298… …   Black's law dictionary

  • bona vacantia — /boh nah vah kahn tee ah/; Eng. /boh neuh veuh kan tee euh/, Law. property without an apparent owner or claimant. [1750 60; < L] * * * …   Universalium

  • bona vacantia — noun (in English law) the principle that there is no unowned property, and that if there is no other owner property vests in the Crown …   Wiktionary

  • bona vacantia — having no owners …   English contemporary dictionary

  • bona vacantia — [ˌbəʊnə və kantɪə] noun Law (in the UK) goods without an apparent owner, to which the Crown may have right. Origin L., ownerless goods …   English new terms dictionary

  • bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… …   Accounting dictionary

  • bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… …   Big dictionary of business and management

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