heritable property

Wealth passed down

Heritable property is property that can be passed to heirs upon the owner's death.

In Scottish law specifically, the term distinguishes real property—land and buildings permanently attached to it—from moveable property like furniture or cash.

The distinction matters for inheritance, taxation, and transfer procedures: The estate included both heritable property and moveables.

Related

real estate · title deed · succession · passing down · wealth transfer · heirship · intestacy · patrimony · landholdings · family estate · mineral rights · bequest · next of kin · legal title · dynastic wealth · landed gentry · entailment · dowry

Categories
Opposites
transferability at death

heritable propertylife estate

Ownership lasting one lifetime

usufruct · personal rights · license

nature of the asset

heritable propertyemployment services

Organizations helping people find jobs

property classification in common law

heritable propertypersonal property

Movable owned assets

personalty · movables · chattels

Family

property, heritage, inheritance, heritable

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