Legal Term: DAMNOSA HAEREDITAS

Definition: A name given by Lord Kenyon to that species of property of a bankrupt, which, so far from being valuable, would be a charge to the creditors for example, a term of years, where the rent would exceed the revenue. 2. The assignees are not bound to take such property, but they must make their election, and, having once entered into possession, they cannot afterwards abandon the property. 7 East, R. 342, 3 Campb. 340.

Return to the Legalnut.com Law Dictionary