INTERESSE TERMINI

4 definitions found across Law Mind sources

INTERESSE TERMINIAuthored
The Law Mind • 935 words
Definition
Interesse termini (Latin: "interest of a term") is a common law concept describing the inchoate interest a lessee acquires in leased land by virtue of a lease for years, before the lessee has made actual entry onto the premises. It is distinguished from an estate in possession: the lease creates the interesse termini, but only physical entry on the land ripens that interest into a full possessory estate (an "estate for years" or "term"). In practical terms, the bare execution of a lease for years at common law did not vest the lessee with a present estate in the land. The lessee held something less — a right to enter and take possession — which the common law denominated interesse termini. Upon actual entry, the interesse termini was extinguished and replaced by a vested possessory term.
Common Confusion
Interesse termini is sometimes loosely equated with an estate for years, but the two are legally distinct. An estate for years requires actual entry; interesse termini precedes that entry and carries no right of action for trespass in the lessee's own name. A trespass committed against land subject only to an interesse termini was historically actionable by the lessor, not the lessee, precisely because the lessee had not yet acquired possession. The interesse termini also should not be confused with a future interest or remainder: it is not a contingent right dependent on some future event other than the lessee's own entry, and it arises from a completed lease rather than a conveyance subject to a condition.
Why It Matters in Research
This term is almost exclusively encountered in historical sources. Its practical significance collapsed in English law with the Statute of Uses (1535) and subsequent conveyancing developments, which allowed terms to commence without entry when the lease was created by bargain and sale or other use-raising conveyance. American courts largely inherited the common law framework but rarely had occasion to apply the interesse termini doctrine directly, given the widespread departure from strict common law conveyancing requirements under state recording acts and modernized lease law. Researchers working in pre-twentieth-century property law — particularly disputes over trespass standing, the timing of a lessee's rights, or the effect of a lease executed but not yet acted upon — will encounter this term in English Year Books, Coke's Institutes, and early American real property treatises. It appears in contexts involving: (1) whether a lessee could maintain ejectment or trespass before entry; (2) the effect of a lessor's conveyance to a third party after execution of the lease but before the lessee's entry; and (3) the distinction between a lease "to commence immediately" and one to commence at a future date. A critical research trap: sources treating the Statute of Uses era must be read carefully. After that statute, a term created by bargain and sale passed an estate without entry, effectively abolishing the interesse termini for leases operating under the statute — but the doctrine persisted for leases by livery of seisin at common law. American sources are often imprecise about which regime applies, and some nineteenth-century treatises use interesse termini loosely to describe any not-yet-possessory leasehold interest regardless of how the lease was created. Researchers connecting this term to ejectment doctrine should note that the historical action of ejectment required the plaintiff to have a possessory right; a holder of mere interesse termini could not maintain the action. This procedural consequence was the doctrine's most litigated real-world edge.
Historical Dictionary Support
The three source dictionaries converge on the core definition — an interest in a term before entry — but differ in emphasis and completeness. Burrill offers the most precise articulation, framing interesse termini as "a right to the possession of a term at a future time, as distinguished from a term in possession," and citing Coke on Littleton at 345b and 270a. His formulation correctly captures that the bare lease "does not vest any estate in the lessee, but only" the interesse termini — a distinction with procedural teeth. Rapalje & Lawrence supplements the definition with the critical Statute of Uses qualification: a term limited to commence immediately by bargain and sale "passes an estate without the necessity of entry," citing Williams on Real Property. This is the most practically useful addition among the three sources, because it marks the point at which the doctrine's rigid application softened. Black's definition is serviceable but compressed, and its truncation in the available text obscures the full doctrinal picture. All three sources accurately reflect that the interesse termini is "merely" a right — not an estate — and that it is extinguished by entry. None of the three sources adequately addresses the American reception of the doctrine or its effective obsolescence under modern leasehold law. Researchers should supplement these entries with nineteenth-century American real property treatises, particularly those of Kent, Washburn, and Tiffany, for a fuller picture of how American courts handled (or declined to handle) the distinction.
Jurisdictional Note
The interesse termini doctrine was a creature of English common law and has no statutory analog in American jurisdictions. Most American states abandoned the formal entry requirement for leases early in their legal development, rendering the doctrine a historical curiosity rather than operative law. It retains significance primarily in historical chain-of-title analysis and in courts interpreting pre-twentieth-century instruments under common law principles.
Related Terms
Estate for Years; Term of Years; Lessee; Lessor; Livery of Seisin; Bargain and Sale; Statute of Uses; Ejectment; Possessory Interest; Remainder; Future Interest; Entry (right of); Demise
INTERESSE TERMINImain
Black's Law Dictionary • 1891
An interest in a term. That species of interest or prop- erty which a lessee for years acquires in the lands demised to him, before he has actually become possessed of those lands; as distin- guished from that property or interest vested in him by the demise, and also reduced into possession by an actual entry upon the lands and the assumption of ownership therein, and which is then termed an "estate for years." Brown.
INTERESSE TERMINImain
Rapalje & Lawrence • 1888
- Interest of a term. The interest which a lessee under a lease at common law has before he enters or takes possession of the land demised. (Litt. 2459; Co. Litt. 270a.) But a term limited to commence immediately by a bargain and sale or other conveyance operating under the Statute of Uses, passes an estate without the necessity of entry. (Wms. Real Prop. 396.) An interesse termini is merely the right to an 3. Property.-Interest, as applied to property, is used in a wide sense to include estates (legal and equitable), charges, easements, profits à prender, licenses, equities of redemption, and generally every right in respect of property which entitles, or may in future entitle, the holder to make use of it in some way, as opposed to bare powers, uses, authorities, possibilities, expectations, rights of presentation, and the like. (Co. Litt. 265b; 5 Co. 19a; Vin. Abr. Interest; Rolle Abr. Graunt.) Hence, "interest" is used in conveyances, &c., to denote every beneficial right in the property conveyed. Interest "extendeth to estates, rights and titles, that a man hath estate, and therefore can neither prevent of, in, to, or out of lands; for he is truly nor be the subject of merger. See Hyde v. Warden, 3 Ex. D. 72; Co. Litt. 338 a. INTERESSE TERMINI, (defined). 72 Mo. 542. INTEREST -Interest in Latin, (1)" It consaid to have an interest in them; and by the grant of totum interesse suum [all his interest) in such lands, as well reversions as possessions in fee-simple, shall passe." Co. Litt. 345 b. cerns;" (2) "it concerns beneficially." "is of advantage." (Dig. ii. 11 fr. 14; x. 4 fr. 19) Hence, its primary 24. In a narrower sense, interest is used meaning of "right." The word acquired its second meaning (infra, 18.) thus: In Koman law, when a as opposed to estate, and therefore deperson brought an action against his debtor for nonpayment of a sum of money he claimed, in addition to the debt, id quod interest creditoris solutum esse, г. е. the benefit which he lost by the non-payment (Dig xix. 1 fr. 1), and this was computed by calculating what profit he could have made by lending the money with a stipulation for the payment of & periodical sum for the use of it (usuræ, fœnus). Thus, the damages for the wrongful detention of money (interest, interesse) became equivalent to the agreed payment for a loan (usura, fanus). The word "interest" seema to have been introduced into England as a substitute for "usury" (q. v.) when that word had acquired its dyslogistic meaning. 1. In property. - In the most general sense of the word, a person is said to have an interest in a thing when he has rights, advantages, duties, liabilities, losses, or the like, connected with it, whether present or future, ascertained or potential; provided, that the connection, and in the case of notes rights in property not being estates, e. g. an interesse termini (q. v.) (Co. Litt. 345b); the quasi-reversion of a lord which entitles him to the land on an escheat or forfeiture (Watk. Desc. 2); the interest which the lord of a manor has in copyhold land, between a surrender by the old tenant and the admittance of the new (Mintonv. Kirwood, L. R. 1 Eq. 455); the interest of executors under a devise of land for the payment of debts (Co. Litt. 42a); interests resembling estates but not recognized as such by the common law, e. g. executory interests in land (see EXECUTORY INTEREST) and interests in personpotential rights and duties, the possibility, alty; these interests in personalty so is not too remote. The question of remoteclosely resemble estates that they are freness depends upon the purpose which the quently called estates; and the terms interest is to serve. "absolute," "limited," "vested," "contingent," "sole," "joint," &c., are applied to interests in the same senses in which they are applied to estates. See ESTATE; TEN-
INTERESSE TERMINImain
Burrill's Law Dictionary • 1870
L. Lat. An interest in a term, (literally, an interest of a term;) a right to the possession of a term at a future time, as distinguished from a term in possession; * a future term. Co. Litt. 345 b. An expression used to denote the particular interest of a lessee for a term of years, before actual entry on the land demised. Id. 270 a. The bare lease does not vest any estate in the lessee, but only gives him a right of entry, which is called his interest in the term, or interesse termini. When he has actually entered, and not before, the estate is completely vested in him. 2 Bl. Com. 144, 314. 1 Steph. Com. 268, 476. An interesse termini is a right or interest only, and not an estate. 4 Kent's Com. 97, and note. It is, however, so far in the nature of an estate, that even before entry the lessee may grant it over to another. 1 Steph. Com. 268. Burton's Real Prop. 18, pl. 61. Shep. Touch. 242. 2 Crabb's Real Prop. 227, § 1269. And see, as to the rule in American law, 1 Hilliard's Real Prop. 200.

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