Legal Definitions - esplees

Esplees is an archaic legal term that refers to the profits, products, or income generated from a piece of land. It can also, in some contexts, refer to the land itself. Essentially, it encompasses anything of value that a property yields or produces.

Here are some examples to illustrate this concept:

• Imagine a farmer who owns a large apple orchard. Each year, the apples harvested from the trees represent the esplees of that land. If the farmer sells these apples at market, the revenue generated would also fall under this term.

  This example demonstrates esplees as the tangible "products yielded from land," highlighting the agricultural output and the financial benefit derived directly from the property's natural production.

• Consider a landlord who owns a multi-unit apartment building. The monthly rent payments collected from the tenants living in those apartments would be considered esplees. Similarly, if a property owner leases out a commercial storefront, the regular lease payments received are also esplees.

  Here, esplees refers to the "rents or other payments derived from land," illustrating the financial income generated by allowing others to use or occupy the property.

• Suppose a landowner has a forest on their property and sells the rights to a timber company to harvest a certain number of trees. The money received from the timber sale, or the timber itself before it's sold, would be classified as esplees. The same would apply to royalties received from a mining company extracting minerals from the land.

  This example showcases esplees as both the valuable "products yielded from land" (timber, minerals) and the "payments derived" from those resources, demonstrating the broader scope of the term beyond just agricultural crops or rent.