Importance of Tenure Today
Although the doctrine of tenure has little importance today, its influence still lingers in some areas.
The concepts of landlord and tenant have been recycled to refer to the modern relationship of the parties to land which is held under a lease. It has been pointed out by Professor F.H. Lawson in Introduction to the Laws of Property (1958), however, that the landlord-tenant relationship never really fitted in the feudal system and was rather an "alien commercial element".
The doctrine of tenure did not apply to personalty (personal property). However, the relationship of bailment in the case of chattels closely resembles the landlord-tenant relationship that can be created in land.
Read more about this topic: Land Tenure
Famous quotes containing the words importance of, importance, tenure and/or today:
“I can never bring you to realize the importance of sleeves, the suggestiveness of thumb-nails, or the great issues that may hang from a boot-lace.”
—Sir Arthur Conan Doyle (18591930)
“I am not sure that it is of the first importance that you should be happy. Many an unhappy man has been of deep service to himself and to the world.”
—Woodrow Wilson (18561924)
“A politician never forgets the precarious nature of elective life. We have never established a practice of tenure in public office.”
—Hubert H. Humphrey (19111978)
“How many things served us but yesterday as articles of faith, which today we deem but fables?”
—Michel de Montaigne (15331592)