Flashcards in Systems of Land Ownership Deck (2)
Under the feudal system of land ownership common in English law almost a thousand years ago, only the king could hold title to real property. The king granted feuds to loyal subjects. These feuds did not provide ownership in land but simply a right to use and process the land as long as the holder of the feud provided certain services to the king.
The feuds approximated the modern concept of leasing. Under the feudal system, outright ownership would never be obtained.