We use cookies to improve security, personalize the user experience,
enhance our marketing activities (including cooperating with our marketing partners) and for other
business use.
Click "here" to read our Cookie Policy.
By clicking "Accept" you agree to the use of cookies. Read less
What is Frank Ferme? A Comprehensive Guide to Its Legal Definition
Definition & Meaning
Frank ferme is a type of land tenure that represents a shift from traditional knight's service to a new form of feoffment. This arrangement allows a landholder to maintain ownership of the land while paying a fixed rent. Unlike other forms of tenure, frank ferme does not require the landholder to provide services such as homage, ward, marriage, or relief. Essentially, it is a freehold tenure that provides more stability and predictability for the landholder.
Table of content
Legal Use & context
Frank ferme is primarily relevant in property law, particularly in discussions about land tenure and property rights. It is used in legal contexts involving real estate transactions, estate planning, and landlord-tenant relationships. Users may encounter frank ferme when dealing with property leases or when establishing clear terms for land use. Legal templates from US Legal Forms can assist individuals in creating agreements related to this type of tenure.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
Example 1: A landowner enters into a frank ferme agreement with a tenant, allowing the tenant to use the land for farming in exchange for a fixed annual rent. The tenant is not required to perform any additional services for the landowner.
Example 2: A historical estate is passed down through generations under a frank ferme arrangement, ensuring that the heirs pay a consistent rent without additional obligations (hypothetical example).
State-by-state differences
Examples of state differences (not exhaustive):
State
Notes
California
Frank ferme is recognized, but specific regulations may apply to agricultural leases.
Texas
Similar tenures exist, but the terminology may differ; users should verify local laws.
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
Comparison with related terms
Term
Definition
Differences
Leasehold
A temporary right to occupy land or property.
Leaseholds require periodic payments and may involve service obligations.
Freehold
Ownership of land for an indefinite period.
Freehold may involve different rights and obligations than frank ferme.
Common misunderstandings
What to do if this term applies to you
If you are considering entering into a frank ferme agreement, it is essential to clearly outline the terms, including the fixed rent and any other conditions. Using legal templates from US Legal Forms can help you create a comprehensive agreement. If your situation is complex, seeking advice from a legal professional is advisable to ensure compliance with local laws.
Find the legal form that fits your case
Browse our library of 85,000+ state-specific legal templates.