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Leased

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Possible Answers:

RENTED.

Last seen on: Daily Boston Globe Crossword Monday, 25 September 2023

Random information on the term “Leased”:

In modern U.S. usage, forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition. It can be accidental, and therefore is distinguished from waiver: see waiver and forfeiture. In the law of England and Wales, the forfeiture rule is the rule of law which prevents a killer from inheriting the estate of a person they have unlawfully killed. The term also refers to the rule in English law under which an insured person who makes a fraudulent insurance claim loses their claim: this rule was derived from common law until the passage of the Insurance Act 2015, which “puts the common law rule of forfeiture on a statutory footing”.

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).[citation needed] A striking illustration of the practical effects of this rule is Giles Corey’s refusal to plead, in the Salem Witch Trials, instead dying under peine forte et dure. By refusing to plead he avoided the jurisdiction of the court and thus avoided conviction and the consequent forfeiture of his estate. Instead it passed to his sons.

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