Peppercorn Rent
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Peppercorn Rent
In legal parlance, a peppercorn is a metaphor for a very small cash payment or other nominal consideration, used to satisfy the requirements for the creation of a legal contract. It is featured in ''Chappell & Co Ltd v Nestle Co Ltd'' (960AC 87), which stated that "a peppercorn does not cease to be good consideration if it is established that the promisee does not like pepper and will throw away the corn". Function in contract law In English law, and other countries with similar common law systems, a legal contract requires that each side must provide consideration. In other words, each party will give something of value to the other party for the contract to be considered binding. The situation is different under contracts within civil law jurisdictions because such nominal consideration can be categorised as a disguised gift. However, courts will not generally inquire into the adequacy or relative value of the consideration provided by each party. So, if a contract calls for ...
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Metaphor
A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another. It may provide (or obscure) clarity or identify hidden similarities between two different ideas. Metaphors are often compared with other types of figurative language, such as antithesis, hyperbole, metonymy, and simile. One of the most commonly cited examples of a metaphor in English literature comes from the "All the world's a stage" monologue from '' As You Like It'': All the world's a stage, And all the men and women merely players; They have their exits and their entrances And one man in his time plays many parts, His Acts being seven ages. At first, the infant... :—William Shakespeare, '' As You Like It'', 2/7 This quotation expresses a metaphor because the world is not literally a stage, and most humans are not literally actors and actresses playing roles. By asserting that the world is a stage, Shakespeare uses points of comparison between the world an ...
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Walter De Gruyter
Walter de Gruyter GmbH, known as De Gruyter (), is a German scholarly publishing house specializing in academic literature. History The roots of the company go back to 1749 when Frederick the Great granted the Königliche Realschule in Berlin the royal privilege to open a bookstore and "to publish good and useful books". In 1800, the store was taken over by Georg Reimer (1776–1842), operating as the ''Reimer'sche Buchhandlung'' from 1817, while the school’s press eventually became the ''Georg Reimer Verlag''. From 1816, Reimer used the representative Sacken'sche Palace on Berlin's Wilhelmstraße for his family and the publishing house, whereby the wings contained his print shop and press. The building became a meeting point for Berlin salon life and later served as the official residence of the president of Germany. Born in Ruhrort in 1862, Walter de Gruyter took a position with Reimer Verlag in 1894. By 1897, at the age of 35, he had become sole proprietor of the h ...
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Duchy Of Cornwall
The Duchy of Cornwall ( kw, Duketh Kernow) is one of two royal duchies in England, the other being the Duchy of Lancaster. The eldest son of the reigning British monarch obtains possession of the duchy and the title of 'Duke of Cornwall' at birth or when his parent succeeds to the throne, but may not sell assets for personal benefit and has limited rights and income while a minor. The current duke is Prince William. When the monarch has no male children, the rights and responsibilities of the duchy revert to the Crown. The Duchy Council, called the Prince's Council, meets twice a year and is chaired by the duke. The Prince's Council is a non-executive body which provides advice to the duke with regard to the management of the duchy. The duchy also exercises certain legal rights and privileges across Cornwall and the Isles of Scilly, including some that elsewhere in England belong to the Crown. The duke appoints a number of officials in the county and acts as the port author ...
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Isles Of Scilly
The Isles of Scilly (; kw, Syllan, ', or ) is an archipelago off the southwestern tip of Cornwall, England. One of the islands, St Agnes, is the most southerly point in Britain, being over further south than the most southerly point of the British mainland at Lizard Point. The total population of the islands at the 2011 United Kingdom census was 2,203. Scilly forms part of the ceremonial county of Cornwall, and some services are combined with those of Cornwall. However, since 1890, the islands have had a separate local authority. Since the passing of the Isles of Scilly Order 1930, this authority has had the status of a county council and today is known as the Council of the Isles of Scilly. The adjective "Scillonian" is sometimes used for people or things related to the archipelago. The Duchy of Cornwall owns most of the freehold land on the islands. Tourism is a major part of the local economy, along with agriculture—particularly the production of cut flowers. ...
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Isles Of Scilly Wildlife Trust
The Isles of Scilly Wildlife Trust, formed in 1985, is a Wildlife Trust covering the Isles of Scilly, a group of islands off the coast of Cornwall. It became the 46th member of The Wildlife Trusts in 2001 and is dedicated to ensuring that the archaeological and historical remains on the islands, as well as the flora and fauna, are protected and maintained. Since September 2021, the Chief Executive of the trust has been Julian Branscombe. ThIsles of Scilly Wildlife Trust a small, local independent charity, leases all of the uninhabited islands, islets and rocks and much of the remaining "untenanted land" (including almost all the coast) on the inhabited islands from the Duchy of Cornwall for a peppercorn rent of one daffodil per year. As tenants of the Duchy of Cornwall the Isles of Scilly Wildlife Trust has a 99 year fully insuring, repairing lease and is responsible for more than 50% of the Islands. The Trust previously worked in conjunction with the Cornwall Wildlife Trust a ...
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National Coastwatch Institution
The National Coastwatch Institution is a voluntary organisation and registered charity providing a visual watch along the UK's coasts, and is not to be confused with HM Coastguard. History The National Coastwatch Institution (NCI) was founded in Cornwall in 1994 following the deaths of two local fishermen who drowned near a recently closed coastguard station at Bass Point. Most of HM Coastguard's visual watch stations were closed following a period of rationalisation and modernisation. The institution, registered charity number 1159975, originated from a campaign to re-establish a visual coastal watch in Cornwall. The first NCI Coastwatch station was thus established at Bass Point, on The Lizard peninsula, Cornwall by November 1994. Following the successful launch of NCI Bass Point, other stations quickly followed in Devon, Cornwall, East Anglia, Somerset, Sussex, Essex, Dorset, and South Wales. As of August 2021, there are 58 NCI stations operational around the coast of Eng ...
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Routledge
Routledge () is a British multinational publisher. It was founded in 1836 by George Routledge, and specialises in providing academic books, journals and online resources in the fields of the humanities, behavioural science, education, law, and social science. The company publishes approximately 1,800 journals and 5,000 new books each year and their backlist encompasses over 70,000 titles. Routledge is claimed to be the largest global academic publisher within humanities and social sciences. In 1998, Routledge became a subdivision and imprint of its former rival, Taylor & Francis Group (T&F), as a result of a £90-million acquisition deal from Cinven, a venture capital group which had purchased it two years previously for £25 million. Following the merger of Informa and T&F in 2004, Routledge became a publishing unit and major imprint within the Informa "academic publishing" division. Routledge is headquartered in the main T&F office in Milton Park, Abingdon, Oxfordshire and ...
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Adverse Possession
Adverse possession, sometimes colloquially described as "squatter's rights", is a legal principle in the Common law, Anglo-American common law under which a person who does not have title (property), legal title to a piece of property—usually land (real property)—may acquire legal ownership based on continuous Possession (law), possession or occupation of the property without the permission (licence) of its legal owner. The possession by a person is not adverse if they are in possession as a Tenancy, tenant or licensee of the legal owner. In general, a property owner has the right to recover possession of their property from unauthorised possessors through legal action such as ejectment. However, in the English common law tradition, courts have long ruled that when someone occupies a piece of property without permission and the property's owner does not exercise their right to recover their property for a significant period of time, not only is the original owner prevented ...
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Landlord–tenant Law
Landlord–tenant law is the field of law that deals with the rights and duties of landlords and tenants. In common law legal systems such as Irish law, landlord–tenant law includes elements of the common law of real property and contract. In modern times, however, it is frequently governed by statute. In civil law traditions such as German law, the landlord–tenant relationship is governed entirely by statute, derived historically from Roman law and the ''ius commune''. History The landlord-tenant relationship is defined by existence of a leasehold estate. Traditionally, the only obligation of the landlord in the United States was to grant the estate to the tenant, although in England and Wales, it has been clear since 1829 that a Landlord must put a tenant into possession. Modern landlord-tenant law includes a number of other rights and duties held by both landlords and tenants. The modern interpretation of the tenant-landlord relationship has hinged on the view that ...
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Bloomsbury Publishing
Bloomsbury Publishing plc is a British worldwide publishing house of fiction and non-fiction. It is a constituent of the FTSE SmallCap Index. Bloomsbury's head office is located in Bloomsbury, an area of the London Borough of Camden. It has a US publishing office located in New York City, an India publishing office in New Delhi, an Australia sales office in Sydney CBD and other publishing offices in the UK including in Oxford. The company's growth over the past two decades is primarily attributable to the ''Harry Potter'' series by J. K. Rowling and, from 2008, to the development of its academic and professional publishing division. The Bloomsbury Academic & Professional division won the Bookseller Industry Award for Academic, Educational & Professional Publisher of the Year in both 2013 and 2014. Divisions Bloomsbury Publishing group has two separate publishing divisions—the Consumer division and the Non-Consumer division—supported by group functions, namely Sales and Mar ...
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Ground Rent
As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases.seDepartment for Communities and Local Government/ref> The ground rent provides an income for the landowner. In economics, ground rent is a form of economic rent meaning all value accruing to titleholders as a result of the exclusive ownership of title privilege to location. History In Roman law, ground rent (''solarium'') was an annual rent payable by the lessee of a ''superficies'' (a piece of land), or perpetual lease of building land. In early Norman England, tenants could lease their title to land so that the land-owning lords did not have any power over the sub-tenant to collect taxes. In 1290 King Edward I passed the Statute of ''Quia Emptores'' that prevented tenants from leasing their land ...
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Consideration In English Law
Consideration is an English common law concept within the law of contract, and is a necessity for simple contracts (but not for special contracts by deed). The concept of consideration has been adopted by other common law jurisdictions, including the US. Consideration can be anything of value (such as any goods, money, services, or promises of any of these), which each party gives as a quid pro quo to support their side of the bargain. Mutual promises constitute consideration for each other. If only one party offers consideration, the agreement is a "bare promise" and is unenforceable. Value According to ''Currie v Misa'', consideration for a particular promise exists where some ''right'', ''interest'', ''profit'' or ''benefit'' accrues (''or will accrue'') to the promisor as a direct result of some ''forbearance'', ''detriment'', ''loss'' or ''responsibility'' that has been given, suffered or undertaken by the promisee. Forbearance to act amounts to consideration only if one is ...
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