Mortmain

Mortmain

Mortmain is a legal term that means ownership of real estate by a corporation or legal institution that can be transferred or sold in perpetuity; the term is usually used in the context of its prohibition. Historically, the land owner usually would be the religious office of a church; today, insofar as mortmain prohibitions against perpetual ownership still exist, it refers most often to modern companies and charitable trusts. The term "mortmain" is derived from mediƦval French (mort main) and Latin manus mortua, literally meaning "dead hand."

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