Interesse Termini - Definition - Law Dictionary Home Dictionary Definition interesse-termini

Definition :

Interesse termini, an executor interest, being a right of entry which a lessee acquired in land by virtue of a demise. It could not, before entry, be enlarged by a release from the lessor (except the term be created by an assurance under the Statute of Uses, which does not require an entry), because the lessee had no actual estate; yet such a release would extinguish the rent and also the interesse termini. The lessee could assign this interest, but it did not merge in the freehold subsequently acquired. A person having a mere interesse termini had no estate, could not bring an action of trespass, or for damages, or on a covenant for quiet enjoyment, see Wallis v. Hands, (1893) 2 Ch 75, and cases there cited by Chitty, J.

The doctrine of interesse termini has been abolished by the (English) Law of Properties Act, s. 149, which provides that, as from the commencement of the Act (1st January, 1926), all terms of years absolute shall (whether the interest is created before or after such commencement) be capable of taking effect at law or inequity, according to the estate, interest or powers of the grantor, from the date fixed for the commencement of the term, without actual entry.