Bona vacantia

Bona vacantia (Latin, meaning vacant goods) is a doctrine of the common law in United Kingdom under which ownerless property passes by law to the Crown.

Related Topics:
Latin - Doctrine - Common law - United Kingdom - The Crown

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It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures. The body that administers bona vacantia varies within the UK:

Related Topics:
Escheat - Feudal - Tenure

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• In England and Wales, the Bona Vacantia division of the Treasury Solicitor's Department of the UK Government is responsible for dealing with bona vacantia assets, which are chiefly:
• Treasure Trove
• Assets of companies for which ownership cannot be traced
• Assets of the estates of those deceased who died intestate and for whom no beneficiaries can be traced. In such cases the department will normally distribute the property under 'discretionary grants' to persons who had been close friends of the deceased.
• In Scotland, bona vacantia is administered by the Queen's & Lord Treasurer's Remembrancer, an office held by the Crown Agent, the senior official in the Crown Office and Procurator Fiscal Service (COPFS).
• In Northern Ireland, bona vacantia is dealt with by the Crown Solicitor as the Treasury Solicitor's Nominee.
• In the Duchies of Cornwall and Lancaster, bona vacantia is in favour of the Duchy of Cornwall or the Duchy of Lancaster instead of the Crown, highlighting the Duchies' distinct constitutional position from the rest of England, and the administration is dealt with a firm of solicitors, Farrer and Co.
 
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