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Bona vacantia (Latin for "ownerless goods") is a common law doctrine in the United Kingdom under which ownerless property passes by law to the Crown.[1] It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures.


ContentsEdit

[hide]*1 In the United Kingdom

[edit] In the United KingdomEdit

The body that administers bona vacantia varies within the UK:

Despite the common misconception, none of the assets that fall to the duchies under bona vacantia is used to benefit the Queen, Prince Charles or other members of the British Royal Family.[citation needed]

[edit] In the United StatesEdit

Some states have adopted the concept of bona vacantia.

[edit] See alsoEdit

[edit] ReferencesEdit

  1. ^ Chambers, Robert, Resulting Trusts (Oxford, England: Oxford University Press, 1997), 59
  2. ^ Official Website of the Duchy of Lancaster
  3. ^ Official Website of the Duchy of Cornwall
  4. ^ THE TREASURY SOLICITOR BONA VACANTIA DIVISION, Guide to Discretionary Grants in Estates Cases, Section 1, paragraph 5,
  5. ^ Official Website of the Crown Office and Procurator Fiscal Service of Scotland
  6. ^ Official Website of the Duchy of Lancaster and Official Website of the Duchy of Cornwall
  7. ^ Office of the State Comptroller official government website unclaimed funds web page. Accessed June 17, 2009.

[edit] External linksEdit

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