Peppercorn in United Kingdom
Meaning of Peppercorn
The following is an old definition of Peppercorn [1]: The berry of the pepper-plant. In England, ” one peppercorn ” is sometimes named as a nominal rent.A peppercorn rent is not a rent within sec. 3, subs. 4, of the Conveyancing Act of 1881, such peppercorn not being paid.
Resources
Notes and References
- Concept of Peppercorn provided by the Anderson Dictionary of Law (1889) (Dictionary of Law consisting of Judicial Definitions and Explanations of Words, Phrases and Maxims and an Exposition of the Principles of Law: Comprising a Dictionary and Compendium of American and English Jurisprudence; William C. Anderson; T. H. Flood and Company, Law Publishers, Chicago, United States)
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