Forfeiture (law)
In modern U.S. usage, forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition.
United States usage
Historically, forfeiture of a convict's land and other assets followed on from conviction for certain serious offences (and thus resulted from criminal activity rather than from a failure to act).[
Forfeiture is broadly defined as the loss of property for failing to obey the law, and that property is generally lost to the state. A person may have a vested interest in property to be forfeit in two ways:
See also
References
- ^ Connellan v. Federal Life & Casualty Co., 134 ME 104 (1935).
- ^ Law Commission, The Forfeiture Rule and the Law of Succession, Cm 6625, p. 2, published July 2005, accessed 22 September 2023
- ^ UK Legislation, Insurance Act 2015: Explanatory Notes: Commentary on Sections - Part 4: Fraudulent Claims, accessed 22 September 2023
- OCLC 54477464.
- OCLC 51900420.