Moiety title

Moiety title

Moiety title is legal term describing a portion other than a whole of ownership of property. The word derives from Old French moitié meaning "half" (modern French also moitié), from Latin medietas "middle", from medius.[1]

In English law, the term is used in parsing aspects of ownership and liability in all forms of property.[2]

In the Australian system of land title, the term is typically applied to maisonettes or attached cottages whereby the owner owns a share of the total land on the title and leases a certain portion of the land back for themselves from the other owner(s). Some finance institutions do not offer loans for properties on moiety titles as security.[3]

Contents

Real Estate

Moiety is a Middle English word for one of two equal parts under the feudal system.[4] Thus on the death of a feudal baron with only two daughters as heiresses, a moiety of his fiefdom would generally pass to each daughter, to be held by her husband. This would involve the division of the barony, generally consisting of several manors, into two groups of manors, which division would presumably be effected by negotiation between the two parties concerned. Such was the case in the barony of Newmarch, the caput or chief manor of which was at North Cadbury, Somerset, when James de Newmarch died in 1216.[5] Such a division into moieties was unnecessary when a baron died with surviving male issue, the entire barony devolving by right to the eldest son alone.

Offices of State

Not only landholdings but also the holding of offices of state could devolve by moiety. In the Royal Court of the United Kingdom, one moiety of the ancient office of Lord Great Chamberlain is a hereditary office of the Cholmondeley family.[6] This hereditary office came into the Cholmondeley family through the marriage of the first Marquess of Cholmondeley to Lady Georgiana Charlotte Bertie, daughter of Peregrine Bertie, 3rd Duke of Ancaster and Kesteven.[7] The second, fourth, fifth, sixth and seventh holders of the marquessate have all held this office.

Notes

References



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