Corn Rent - Definition - Law Dictionary Home Dictionary Definition corn-rent

Definition :

Corn-rent. A rent paid either in corn, or on a sliding scale in accordance with the price of corn. See Kendall v. baker, (1852) 11 CB 842. It was directed by18 Eliz. C. 6, that one-third of the whole rent then paid on college leases should be reserved in wheat or malt, reserving a quarter of wheat for each 6s. 8d., or a quarter of malt for every 5s.; or that the lessees should pay the same according to the price that wheat or malt should be sold for in the market next to the respective colleges; but this Act, though specially saved by s. 7 of the (English) Ecclesiastical Leases Act, 1800 (39 & 40 Geo. 3, c. 41), was repealed by the (English) Universities and College Estates Act, 1925.