LAUDEMIUM
laudemium (law-dee-mee-[schwa]m), n. [Law Latin] Hist. A sum paid to a landowner by a person succeeding to a particular form of land contract by gift, devise, exchange, or sale; HERIOT. ? The payment equaled 2% of the purchase money, and was paid to the landowner for acceptance of the successor. ¡ª Also termed (in old English law) acknowledgment money. See EMPHYTEUSIS.
How do bilingual lawyers in China usually translate the term LAUDEMIUM?
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