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The Problem of Copyhold Fine Enfranchisement

Published online by Cambridge University Press:  18 August 2016

George S. Mathews
George S. Mathews
Affiliation:
Surveyors' Institution
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Extract

The problem of estimating the lord's interest in a copyhold property which is subject to a fine on death and alienation, in other words, the enfranchisement value of such a property, has been a constant source of perplexity to Surveyors.

Its chief difficulty arises from the fact that the contingency of alienation has to be taken into account, in addition to the contingency of death, which is alone involved in ordinary actuarial problems.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 28 , Issue 1 , July 1889 , pp. 1 - 71
Copyright
Copyright © Institute and Faculty of Actuaries 1890

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References

page 40 note * The official table is reprinted on page 71.

page 63 note * These are given in full on pages 69–71.