allodial system
Definition
Legal system that governs the real estate property ownership rights in the US. Allodial system allows 'fee simple absolute in possession' ownership that is free from all restrictions except those imposed by a government's powers of eminent domain, police action, and taxation.
allodial system is in the Corporate, Commercial, & General Law and Real Estate & Buildings subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/allodial-system.html
email to a friend
print this definition
cite this definition
link to this page







