Definition of Bona vacantia:
Bona vacantia property, which remains unclaimed after a certain period of time, sometimes reverts to government ownership. In other cases, the government is obliged to serve as custodian for bona vacantia property into perpetuity. The concept of bona vacantia has its origins in English common law.
Goods or property without an apparent owner. If not claimed by a finder, the government usually automatically becomes its owner. Latin for, ownerless goods.
(in the UK) goods without an apparent owner, such as treasure trove or the estate of a person dying intestate and without heirs, to which the Crown may have right.
Bona vacantia, or “vacant goods” in Latin, is a legal term for the situation in which property is left without any clear owner. The precise handling of such property varies depending on the jurisdiction. In most cases, the property is held by the government, and may be recovered by rightful owners or heirs.
How to use Bona vacantia in a sentence?
- The Crowns claim to bona vacantia was represented by the Treasury Solicitor on whose instructions Mr Leech of Counsel addressed me in relation to proposition.
Meaning of Bona vacantia & Bona vacantia Definition