A corody is a historical term referring to the provision of money, food, clothing, or shelter given by a religious institution or the monarchy to individuals who relinquished their property. The specific amount of property required varied based on the recipient’s age and life expectancy. Occasionally, retired royal servants were granted corodies, but only if the religious institution had been established by the Crown. A corodiary is an individual who receives a corody.
Corody, also known as corrody, refers to a historical practice where a religious house or the Crown would provide money, accommodation, food, or clothing to a royal servant. In return, the recipient of the corody would transfer their personal or real property. The amount of property required would vary based on the person’s age and life expectancy. For instance, a retired royal servant might have received a corody from a religious house, with the cost of their care being covered by the royal purse. However, if the funds were insufficient, the retired servant might not have been accepted as a corodiary. Another example of a corody could involve the provision of a yearly robe or a sum of money for the robe, along with a chamber and stable for horses. These items would be given in exchange for the person relinquishing their personal or real property.
Corody is a legal term referring to the right of a person to receive a certain amount of food, lodging, or other necessities from a property or estate owned by someone else.
Typically, corody is granted to individuals who have a legal right to claim support from a property owner, such as a former employee or a family member.
The amount of corody is usually determined based on the needs of the individual claiming it and the resources available from the property or estate.
Corody can only be claimed from properties or estates that have been specifically designated for this purpose, either through a legal agreement or a will.
Corody can be terminated or modified if there is a change in circumstances, such as the death of the property owner or a significant change in the financial situation of the individual claiming it.
Corody is generally not transferable to another person unless specifically allowed by the terms of the agreement or will.
Corody can be claimed from a trust if the trust document specifically provides for it. However, it is important to review the terms of the trust to determine if corody is included as a provision.
Corody is typically not applicable to businesses or corporations, as it is primarily associated with personal support from individuals or estates.
The taxability of corody depends on the jurisdiction and the specific circumstances. It is advisable to consult with a tax professional to determine the tax implications of corody in your specific situation.
Corody can be challenged or disputed if there are valid grounds to question its legitimacy, such as fraud, coercion, or lack of legal basis. In such cases, it is recommended to seek legal advice to understand the options available for resolving the dispute.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 16th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/corody/
- Modern Language Association (MLA):Corody. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/corody/.
- Chicago Manual of Style (CMS):Corody. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/corody/ (accessed: May 09 2024).
- American Psychological Association (APA):Corody. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/corody/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts