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In the history of English common law, a jurisdiction could be held as a form of property (or more precisely an incorporeal hereditament) called a franchise.
A franchise, such as a corporation, a jurisdiction, or a right to collect certain tolls or taxes, was, in effect, a kind of property: an "incorporeal hereditament".
In many cases the title Lord of the Manor may no longer have any land or rights and in such cases the title is known as an 'incorporeal hereditament'.
In 1839 he opened the Petrean fellowships at Exeter College to natives of Cheshire by conveying a small incorporeal hereditament to Lord Petre for that purpose.
In other words the gift of the glebe which can be called a rectory manor or church furlong was only ever granted subject to receiving an incorporeal hereditament (inheritable and transferable right) for the original donor.
The Viscounts Gormanston continued to retain the Lordship of the latter under reversion., and the prescriptive barony of Fingal was also retained by the Viscount Gormanston as an incorporeal hereditament in gross, until passed to the late Patrick Denis O'Donnell.
In Irish and English law a title is a possession, classed as an "incorporeal hereditament", but the 1937 Irish Constitution forbids the conferring of titles of nobility by the state, as well as the acceptance of titles of nobility or honour without the prior permission of the government.