What is HYPOTHEC?

In Scotland, the terra “hypothec” is used to signify the landlord’s rightwhich, independently of any stipulation, he has over the crop and stocking of histenant. It gives a security to the landlord over the crop of each year for the rent ofthat year, and over the cattle and stocking on the farm for the current year’s rent,which last continues for three months after the last conventional term for the paymentof the rent Bell.

More On This Topic




Link to This Definition

Did you find this definition of HYPOTHEC helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary